CURRENT AFFAIRS

Detailed explanation-1: -Engineering Export Promotion Council of India: EEPC India.

Detailed explanation-2: -As per the Foreign Trade Policy, an exporter is required to get a Registration-cum-Membership Certificate (RCMC) for availing various benefits under the Policy. EEPC India has been recognized by Government of India as an Export Promotion Council for engineering products and services.

Detailed explanation-3: -Export Promotion Councils are government-initiated authorities that promote and support export firms in developing their overseas trade and presence by providing technical and industry insights. Additionally, EPCs also promote government schemes, act as a data store and conduct overseas tours and studies.