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By-

Avinash Parashar

Mahima Singhal

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Objectives of Presentation

Exports and Imports

Exim policy

Export incentives

Exim bank

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Export

Import

Global TradeEnvironment

Introduction

InternalEconomy

Export

Import

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Reasons for international trade

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Advantages & Disadvantages

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History

In 1962, govt. of India appointed a special exim

policy committee

Mr. V.p.singh the then commerce ministerannounced Exim policy on 12th April 1985

Exim policy is regulated by Foreign Trade

(Development & Regulation)Act, 1992

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FOREIGN TRADE POLICY/EXIM POLICY

Exim Policy or Foreign Trade Policy is a set of guidelines

and instructions established by theDirectorate General of

Foreign Trade, Ministry of Commerce and Industry, Govt.

of India in matters related to the import and export of

goods in India.

Everyfive years

Foreign Trade Development and Regulation Act, 1992

Hand Book of Procedures

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Exim Policy Since 1991

Exim Policy 1992 -1997

Exim Policy 1997 -2002

Exim Policy 2002 -2007

Exim Policy 2004 -2009

Exim policy 2009 -2014

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General Objectives

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Some Export Incentives

Free Trade Zones (FTZ)

Electronic Hardware Technology Park / Software

Technology Parks

Advance License / Duty Exemption EntitlementScheme (DEEC)

Export Promotion Capital Goods Scheme (EPCG)

Deemed Exports Duty Drawback

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FOREIGN TRADE POLICY 2009-2014

Arrest and reverse the declining trend of exports

Simplification of the application procedure for availing

various benefits

Targets-Achieve an annual export growth of 15% by 2011;25% per annum by 2014;Export target of US$ 200 billion byMarch 2011

Long-term policy objective -to double Indias share in global

trade by 2020

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Policy Highlights

Technological Up gradation

Imports of capital goods under EPCG at zero percent duty

3 % EPCG Scheme considerably simplified, to ease usage

Jaipur, Srinagar and Anantnag have been recognised as Towns of Export

Excellence

Diversify export markets

Incentive under Focus Market Scheme (FMS) raised from 2.5% to 3%.

Incentive under Focus Product Scheme (FPS) raised from 1.25% to 2%.

Higher allocation for Market Development Assistance (MDA) and Market

Access Initiative (MAI) schemes

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(..contd) Policy Highlights

Improvement in infrastructure related to exports

Free Trade & Warehousing Zones (FTWZ) -a special category of SEZ

with focus on trading and warehousing

Integrated Zones as international trading hubs

Trade agreements

Promote Brand India

E-trade project

Bringing down transaction costs

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EXIM BANKEXIM BANK

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The Export-Import Bank of India set up in 1982

The purpose offinancing, facilitating and promoting

foreign trade of India.

EXIM Bank is fully owned by the Government ofIndia and managed by a Board of Directors with

representation from Government, financial institution,

banks and business community.

Introduction

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Grant loans and advances in India solely or jointly

with commercial banks to exporter

Handling transactions of Government Credit and

Commercial Credit for Export

Buying and selling offoreign exchange

Providing technical, administrative and financial

assistance to exporter in India.

Objectives and Functions

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Organization

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..Contd

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STAGES OF EXPORT

BUSINESSPre-

shipment

ExportMarketing

ExportProduction

Export

ProductDevelopment

ImportFinance

AdvisoryServices

Investment

Abroad

Post-shipment

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Evolving Vision

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To promote Indian Exporters by covering risk of

exporting on credit, the Government of India set up

the Export Risk Insurance Corporation (ERIC) in

July, 1957. ERIC transform in to Export Credit Guarantee

Corporationof India (ECGC) IN 1964.

The company is wholly owned by the Government

of India.

Export Credit Guarantee Corporation of

India

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Export Oriented Unit (EOU)

Special Economic Zones (SEZ)

Software Technology Parks (STP)

Electronic Hardware Technology Parks (EHTP)

Export Production Units

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Conclusion

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Thank You!