Under the International Cooperation (IC) Scheme, what is

Solution

The International Cooperation Scheme under the Ministry of MSME promotes the participation of Indian MSMEs in international trade fairs, exhibitions, and delegations to enhance global competitiveness. • The scheme reimburses the cost of economy class airfare, but with an upper ceiling. • The maximum limit is ₹1.5 lakh per participant, or the actual airfare paid — whichever is lower. • This support encourages MSME entrepreneurs to explore international markets without bearing the full financial burden.