Simplification of the application procedure for availing various. This policy is updated every year with some modifications and new schemes. Pdf format of foreign trade policy 201 520, highlights. Exim policy 20102011india exim policy 2011foreign trade policy.
A course in business environment fosters this ability and in business environment a. India new foreign trade policy 2009 2014 also known as. The government of india, ministry of commerce and industry announced new foreign trade policy on 27th august 2009 for the period 20092014, earlier this policy known as export import exim policy. Indias foreign trade policy 2009 14 linkedin slideshare. The committee was afterward permitted by the government of india. Singh, the then commerce minister and pronounced the new exim policy of india on the 12th of april, 1985. The highlights of the indias foreign trade policy 20042009. After five years foreign trade policy needs amendments in general, aims at developing export potential, improving export performance, encouraging. The key highlights of union budget 202021 are as follows.
Fernando integrates concepts with realworld situations and the most recent data to help students grasp complex economic concepts, a clear understanding of which is required to comprehend the various facets of business environment. Foreign trade policy 2015 2020 directorate general of. The exim policy for 200207 which came in effect on 1st april, 2002 was the first policy which had to be formulated keeping in view all the commitments india had made. The information provided here is part of import export online training. Against the fall in exports for the last 10 months, october 2008 to july 2009 the government announced its foreign trade policy for 2009 14 on august 27, 2009. The exim polices are adopted by any country regarding the exports and imports goods and services with other countries in the world. Handbook on ha foreign trade policy ndbo and ok o guide to. In india, the government of india, ministry of commerce and industry announce the exportimport policy, which is called as exim policy and foreign trade policy. Questions short answer type questions 1 what is exim. Exim policy or foreign trade policy is a set of guidelines and instructions established by the dgft in matters related to the import and export of goods in india. Pdf format of foreign trade policy 201520, highlights. Pending the reading of the fineprints, comments can be made based on the highlights. Highlights of foreign trade policy 200914 business.
Period of the exim policy this policy is valid for five years instead of three years as in the case of earlier policies. Brief history about exim objectives of exim policy documents in indian exim policy indian imports and exports comparison of post and pre 90s imports and exports exim policy 20092014 highlights of exim policy 20152020 3. Mission and objectives in the ftp 201520 with foreign trade policy 200914. Highlights of the annual supplement 201011 to the foreign trade policy 200914. Economics for everyone indias foreign trade policy ftp. Pleased to inform you that the government of india, ministry of commerce and industry has announced new foreign trade policy 201520 on 01. Pdf competitiveness in spice export trade from india. Read more about highlights of foreign trade policy 200914 on business standard.
Hand book of procedures to foreign trade policy of india 201520. Additional benefit of 2% bonus, over and above the existing benefits of 5% 2% under focus product scheme, allowed for about 5 existing products. The foreign trade policy which was announced on august 28, 2009 is an integrated policy for the period 200914. Annual supplement 2012 20 to the foreign trade policy exim policy 2009 2014 also called indian exim policy issued by dgft and speech of commerce minister sh. Additional benefit of 2% bonus, over and above the existing. The foreign trade policy which was announced on august 28, 2009 is an integrated policy for the period 2009 14. Export oriented units eous, electronics hardware technology parks ehtps, software technology parks stps and biotechnology parks btps quality complaints and trade disputes. Department of economic affairs, exim bank and the reserve bank of india. The exim policy for 200207 which came in effect on 1st april, 2002 was the first policy which had to be formulated keeping in view all the commitments india had made under the wto. Agri export zones are considered the most important creation of this policy. India export import exim policy or foreign trade policy.
Highlights pf exim policy 200914 final free download as powerpoint presentation. Foreign trade policy 2015 2020 iasmania civil services. The bjp government decided to continue with ftp 2009 14 for one more year and the new policy of 201520 was announced only in april 2015. It is effective from 1st april 1997 to 31st march 2002. This policy consists of general provisions regarding exports and imports, promotional measures, duty exemption schemes, export promotion schemes, special economic zone programs and other. On march 31, 2002, the government announced a new exportimport exim policy for 2002 2007. New schemes come into effect on the first day of financial year i. The exim policy of 20022007 external website that opens in a new window emphasized the importance of agricultural exports and announced measures like the setting up of agri export zones, removal of procedural restrictions and marketing cost assistance. Key highlights of the ftp 201520 replaced all existing focus product and focus market schemes for goods with a single. The features of the foreign trade policy for 200914 which was announced by commerce minister, anand sharma, on thursday are. Three prominent themes of the budget aspirational india better standards of living with access to health, education and better jobs for all sections of the society economic development for all sabka saath, sabka vikas, sabka vishwas. Eximkey india dgft, customs, excise, export import policy. India new foreign trade policy 2010 2011 highlights. It publishes a daily newspaper exim newsletter from mumbai, western india and new delhi for the last 32 years.
Foreign trade policy directorate general of foreign trade. These include 16 new markets in latin america and 10 in asiaoceania. Highlights of foreign trade policy 2009 2014 higher support for market and product diversification 1. The new united progressive alliance upa government at the centre changed the name of exim policy and called it foreign trade policy ftp. Click here to read pdf format of foreign trade policy of india 20152020. Incentive schemes have been expand to cover new markets and new product categories. The new policy encourages exploration of new markets and product diversification for exports and is designed to complement the longterm vision of the government of prioritising the importance of trade for growth of economy. Exim policy or foreign trade policy 2009 2014 highlights. The foreign trade policy which was announced on thursday august 28, 2009 is an integrated policy for the period 2009 14. The exim policy was first announced in 1992 to bring stability and continuity in the indian economy. Jan, 2020 exim policy or foreign trade policy is a set of guidelines and instructions established by the dgft in matters related to the import and export of goods in india.
New foreign trade policy for the period 2015 to 2020 was announced on 1st april, 2015 and highlights of the policy are available on the website of dgft. India new foreign trade policy 2009 2014 foreign trade policy exim policy 20102011 annual supplement the government of india, ministry of commerce and industry announced new foreign trade policy on 27th august 2009 for the period 20092014, earlier this policy known as export import exim policy. Incentive schemes under chapter 3 have been expanded by way of addition of new products and markets. I this column is compiled by consultant exim policy of epch. To double indias share in global merchandise trade by 2020 as a long term aim of this policy. Foreign trade policy 200914 the highlights of the policy were. To impart stability to the policy regime, duty entitlement passbook depb scheme is extended beyond 3112 2009 till 31.
I this column is compiled by consultant exim policy of. Foreign trade policy is also known as exportimport policy or exim policy. The features of the foreign trade policy for 2009 14 which was announced by commerce minister, anand sharma, on thursday are. Liberalization a very important feature of the policy is liberalization.
Gujral director general of foreign trade and ex officio additional secretary to the government of india issued from f. In 2001, all quantitative restrictions on imports were removed. Objectives of foreign trade policy 2009 14 to arrest and reverse declining trend of exports is the main aim of the policy. The above information is a part of online export import course. Higher support for market and product diversification additional benefit of 2% bonus, over and above the existing benefits of 5% 2% under focus product scheme, allowed for about 5 existing products, which have suffered due to recession in exports. Gk, general studies, optional notes for upsc, ias, banking, civil services. The export and import policy or the exim policy, 199297 was a significant landmark in indias economic history. Telecom regulatory authority of india trai for their reporting system under accounting separation. Highlights annual supplement 2012 20 to the foreign. Highlights of the annual supplement 201011 to the foreign trade policy 2009 14. Exim policy free download as powerpoint presentation. Highlights of foreign trade policy of india 201520. The foreign trade policy which was announced on thursday august 28, 2009 is an integrated policy for the period 200914.
Exim policy or foreign trade policy is a set of guidelines and instructions established by the dgft in matters related to the import and export of goods in india the foreign trade policy of india is guided by the export import in known as in short exim policy of the indian government and is regulated by the foreign trade development and regulation act, 1992. The unit applied for conversion from duty exemption epcg scheme to eou scheme which was approved vide letter no. For the first time, conscious effort was made to dismantle various protectionist and regulatory policies and accelerate the countrys transition towards a globally oriented economy. Read more about highlights of foreign trade policy 2009 14 on business standard. The new foreign trade policy came into force from 1st april, 2015 and will continue till 31st march, 2020. Against the fall in exports for the last 10 months, october 2008 to july 2009 the government announced its foreign trade policy for 200914 on august 27, 2009. The highlights of recent exim policy 20092014 are given as follows. Interest subvention of 2% for preshipment credit for 7 specified sectors has been extended till 31. Highlights pf exim policy 200914 final electronic data. New markets, sixteen from latin america and ten from asiaoceania have been added as part of the focus market scheme. Highlights of the annual supplement 201011 to the foreign trade policy 200914 higher support for market and product diversification additional benefit of 2% bonus, over and above the existing benefits of 5% 2% under focus product scheme, allowed for about 5 existing products, which have suffered due to recession in exports. Policy, 2009 2014 as contained in annexure to this notification.
Ftp was supposed to be out on 1st arpil, 2014 but the old. Highlights of foreign trade policy 20092014 higher support for market and product diversification 1. It is announced after every five years and updated on 31 st of march every year. The highlights of the new ftp in relation to handicraft sector directly or indirectly are. New exim policy or foreign trade policy 2009 2014 highlights issued by dgft india. Some key highlights of this exim policy 2009 to 2014 revisions are.
The new policy contained vision and mission as foreward to ftp. Pdf compression, ocr, web optimization using a watermarked. Higher support for market and product diversification. Highlights of the annual supplement 201011 to the foreign trade policy 2009 14 higher support for market and product diversification additional benefit of 2% bonus, over and above the existing benefits of 5% 2% under focus product scheme, allowed for about 5 existing products, which have suffered due to recession in exports.
Trade policies can be of two types, the free trade policy and the protective trade policy. To double indias exports of goods and services by 2014. Offshore banking units obus were permitted in sezs. Consequently, on august 31, 2004, the commerce and industry minister, mr. Questions short answer type questions 1 what is exim policy 2 what is board of from eco 434 at suny buffalo state college.
Trade policy 200914, which was announced on 2782009, has completed its period and the same is replaced by a new foreign trade policy 201520. Exim policy 20102011india exim policy 2011foreign trade. Incentive schemes under chapter 3 have been expanded. Exim policy is the export import policy of the government that is announced every five years. Foreign trade policy 2015 2020 directorate general. Due to the global slowdown, some countries have resorted to protectionist measures posing barrier to free trade which has aggravated the problem for. Exim india is a reputed and allindia recognised premier publishing house. Foreign trade policy directorate general of foreign. Under replenishment scheme, subject to import of gold of 8 carat and above allowed provided an assay certificate specifying purity and alloy content is accompanied with.
Economics for everyone indias foreign trade policy ftpexim. Sharply export oriented rather than import liberalizing. Indias foreign trade policy also known as export import policy exim. Policy, 20092014 as contained in annexure to this notification.
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