Module: General Practice
Q135: Consider the following regarding the "International Cooperation (IC) Scheme."
Assertion (A): The IC Scheme provides financial assistance to industry associations for participating in international exhibitions, but it does not provide direct travel grants to individual MSME units on a standalone basis without an association.
Reason (R): The objective is to encourage collective participation and "Cluster Branding" rather than subsidizing individual business travel.
Reason (R): The objective is to encourage collective participation and "Cluster Branding" rather than subsidizing individual business travel.
✅ Correct Answer: A
The IC Scheme operates through "eligible organizations" such as Government organizations and Industry Associations.
An individual MSME cannot directly apply for a grant; they must be part of a delegation organized by an eligible agency (Assertion is True). The policy intent is to project "Brand India" or sectoral strength through collective participation (Cluster Branding) rather than funding individual business trips (Reason is True and explains A).
An individual MSME cannot directly apply for a grant; they must be part of a delegation organized by an eligible agency (Assertion is True). The policy intent is to project "Brand India" or sectoral strength through collective participation (Cluster Branding) rather than funding individual business trips (Reason is True and explains A).