Policies for export and import of agricultural and. Trade policies can be of two types, the free trade policy and. Foreign trade policy directorate general of foreign trade. External sector and indias foreign trade policy ftp 200914 annual report 2014 41 4 external sector and indias foreign trade policy ftp 200914 in view of the decline in export growth as an immediate relief, the government provided a policy environment through a mix of measures including fiscal incentives, institutional. Widens scope for products to be included for benefits under fps. Restrictions on countries of export i export of arms and related material to iraq is prohibited. Export import exim policy frames rules and regulations for exports and imports of a country.
Trade policy plays an important role in achieving the objectives of rapid economic growth and selfreliance. Trade policies can be of two types, the free trade policy and the protective trade policy. Taking into account the decline in exports, the facility of refixation of annual average export obligation for a particular financial year in which there is decline in exports from the country, has been extended for the 5 year policy period 2009 14. Support for green products and products from north east. New foreign trade policy 200914 free download as powerpoint presentation. This policy is updated every year with some modifications. As we can see, ecommerce plays a very significant role in todays trade. Highlights of foreign trade policy 200914 higher support for market and product diversification 1. The government of india notifies the exim policy for a period of five years 2009 14 under section 5 of the foreign trade development and regulation act, 1992. Taking into account the decline in exports, the facility of refixation of annual average export obligation for a particular financial year in which there is decline in exports from the country, has been extended for the 5 year policy period 200914.
Foreign trade policy 200914 mppcs exam preparation. Chapter4 external sector and indias foreign trade policy. External sector and indias foreign trade policy ftp 200914 annual report 2014 41 4 external sector and indias foreign trade policy ftp 200914 in view of the decline in export growth as an immediate relief, the government provided a policy environment through a mix of measures. Although the exim policy is announced for a five year period, announcing a policy. In the remaining three years of this foreign trade policy i. External sector and indias foreign trade policy ftp 200914. The exim polices are adopted by any country regarding the exports and imports goods and services with other countries in the world.
The site also focuses on indias achievements as a result of its well designed foreign trade policy. Indias foreign trade policy 200914 refixation of annual average export obligation. By focusing specifically on trade rather than other forms of international expansion, dr. I and other conditions which may be listed in the title itc hs classification of export and import tems. Recently foreign trade policy 200914, which was announced on 2782009, has completed its period and the same is replaced by a new foreign trade policy 201520. Export import exim foreign trade policy of year 2006. The export and import policy or the exim policy, 199297 was a. This facility, however, shall not be allowed to developers of agri parks. Foreign trade policy 2015 2020 directorate general of. Eximkey india dgft, customs, excise, export import policy. Foreign trade policy and procedures part i export promotion introduction 122 foreign trade policy 200914 123 export promotional measures 127 assistance to states for developing export infrastructure and allied activities aside 127 market access initiative mai 127 market development assistance mda 128. Economics for everyone indias foreign trade policy ftp. Foreign trade policy of india 20152020 pdf how to export.
Indias foreign trade policy 200914 objectives of foreign trade policy 200914 1. Export oriented units eous, electronics hardware technology parks ehtps, software technology parks stps and biotechnology parks btps quality complaints and trade disputes. Simplification of the application procedure for availing various. The new foreign trade policy of the union government was unveiled by the commerce minister shri. Different tariffs are applied on different products by different countries.
Oct 31, 2009 indias foreign trade policy 200914 refixation of annual average export obligation. Let us make indepth study of foreign trade policy with regards to importsubstitution versus export orientation. Scheme allows duty free import of inputs, along with fuel, oil, catalyst etc. Foreign trade policy, 20092014, the director general of foreign trade. Additional engineering products, plastic and some electronics. Public notice no 1 200914 new delhi, dated the 27 th august, 2009 in exercise of powers conferred under paragraph 2. Public notice no 1 2009 14 new delhi, dated the 27 th august, 2009 in exercise of powers conferred under paragraph 2. Handbook on ha foreign trade policy ndbo and ok o guide to. Handicraft export promotion council authorized to import trimmings, embellishments and samples for small manufacturers. Incentive schemes expanded by way of addition of new products and. The foreign trade policy which was announced on thursday august 28, 2009 is an integrated policy for the period 200914. Import of trimmings and embellishments and samples shall be exempt from cvd. Sion a2462, a36, 10 reduction in interest rate from 15% p. Foreign trade policy 1 st april, 2015 31 st march, 2020 updated upto 30 06 2015 government of india ministry of commerce and industry department of commerce.
The exportimport policy exim policy, announced under the foreign trade development and regulation act, 1992, would reflect the extent of regulations or liberalization of foreign trade and indicate the measures for export promotion. Foreign trade policy re 2012 2009 14 from 5 6 2012 to 31 3 2015. Highlights pf exim policy 200914 final electronic data. The information provided here is part of import export course online. 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. Aug 28, 2009 the foreign trade policy which was announced on thursday august 28, 2009 is an integrated policy for the period 2009 14. 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.
Foreign trade policy directorate general of foreign. Incentive schemes expanded by way of addition of new products and markets. The foreign trade policy which was announced on august 28, 2009 is an integrated policy for the period 2009 14. Highlights of foreign trade policy 2009 14 higher support for market and product diversification 1. Highlights of foreign trade policy 200914 business. It is on the basis of these static and dynamic gains of trade that case for free trade or liberalisation of trade was bas been built. This book covers a number of significant gaps that are not addressed elsewhere.
Foreign trade policy re 2012 200914 from 562012 to. As per the annual supplement 2012 to foreign trade policy 200914 the interest subvention scheme of 2 percent will continue to be effective till march 31, 20. This site provides comprehensive information on foreign trade policy of india. Foreign trade policy of india 201520 ftp 201520 announced on 01 st april 2015 to support manufacturers and service sectors with special emphasis to improve ease of doing business. To double indias share in global merchandise trade by 2020 as a long term aim of this policy. Foreign trade policy is also known as export import policy or exim policy. On march 31, 2002, the government announced a new exportimport exim policy for 2002 2007.
Foreign trade policy is also known as exportimport policy or exim policy. Note 2 export consignments of casein and casein derivatives which were handed over to customs for examination and export on or before 18. The current export import policy covers the period 20022007. Foreign trade policy 200914 karnataka pcs free notes. After five years foreign trade policy needs amendments in general, aims at developing export potential, improving export performance, encouraging. Objectives of foreign trade policy 2009 14 to arrest and reverse declining trend of exports is the main aim of the policy. Indias foreign trade policy 2009 14 linkedin slideshare.
Newftp is an export import policy published by director general of foreign trade dgft under ministry of commerce under the powers of foreign trade development and regulation act, 1992. 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. Exportimport policies, procedures and documentation. To double indias exports of goods and services by 2014. 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. This five year foreign trade policy introduces new schemes for exporters of india called meis, merchandise. To arrest and reverse declining trend of exports is the main aim of the policy. Foreign trade policy 1 st april, 2015 31 st march, 2020 government of india ministry of commerce and industry department of commerce. New exim or foreign trade policy of export import issued by indian dgft of year 2006, 2007, 2008, 2009, 2010, 2011, 2012, 20, 2014 and 2015.
The government of india, ministry of commerce and industry announced new foreign trade policy on 27th august 2009 for the period 2009 2014, earlier this policy known as export import exim policy. Foreign trade policy 2015 2020 directorate general. The ra should consider the products otherthan the suffix exported for redemption. Sharply export oriented rather than import liberalizing. Processing industries, for import of cold chain equipment. 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. With foreign trade largely freed and import duties falling progressively, the policy have necessarily restricted itself to a facilitating role rather.
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