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  • 1. N.G. ACHARYA AND D.K. MARATHE COLLEGE
    T.Y.B.COM (BANKING AND INSURANCE)
    SBJECT- INTERNATIONAL BUSINESSS
    SUBMITTED TO- Prof. JOSEPH SIR
    SUBMITTED BY- MAHESH VASANT KHAWALE
    ROLL NO.- 22
  • 2. IMPORT EXPORT POLICY
  • 3. INTRODUCTION
    Exim policy is a set of guide line and instruction established by DGFT in matters related the import and export of goods in India.
    this policy is regulated by foreign trade development & regulation Act 1992.
    Gvot.body directorate general of foreign trade
  • 4. The foreign trade of India is guided by the Export-Import (EXIM) Policy of the government of India arid is regulated by the Foreign Trade (Development and Regulation) Act, 1992.
    EXIM Policy contains various policy decisions taken by the government in the sphere of foreign trade, i.e., with respect to imports and exports from the country and more especially export promotion measures, policies and procedures related thereto
    MEANING:-
  • 5. To accelerate the economy
    To provide excess to essential raw material intermediate, component.
    To enhance techno local strength & efficiency of Indian agricultural industry & services.
    To generate new employment
    To encourage the attainment of internationally accepted standards of quality
    OBJECTIVE OF EXIM POLICY
  • 6. Govt. of India for the first time introduced the Indian exim policy on April1,1992
    First time to bring stability & continuity the exim policy was made for the duration 5 years
    But the central govt reserves the right to make any amendment to the trade policy in public interest.
    This policy was through to be a major step towards the economic reforms of India
    EXIM POLICY (1992-1997)
  • 7. EXIM POLICY (1997-2007)
    Highlights of the policy:
    This policy was valid for 5 years instead of 3 years..
    • Import liberalisation: out of 54 items from the restricted lists 150 items was transferred to special import license (SIL) and remaining 392 items have been transferred to open general license (OGL) list.
  • EPCG (export promotion capital good’s)scheme-
    duty on imported capital goods reduced from 15% to 10%
    Advanced license scheme- period for export obligation was extended from 12 months to 18 months.
    DEPB (duty entitlement pass book) scheme- An exporter may apply for credit as a specified % of fob value of export made in freely convertible currency . This credit can be utilized for import of raw material , intermediate, components, parts packaging material etc.
    5
  • 8. Globalisation of Indian economy- agricultuare
    Additional SIL of 1% for export of agro product allowing eov’s and other units in EPZ in agricultural sectors to 50% of their output in the domestic tariff area (DTA) on payment of duty.
    100% foreigh equity paticipation in the case of 100% , and units set up in epz
    5
    IMPACT OF EXIM POLICY (1997-2002)
  • 9. Special economic zone (SEZ)
    Employment oriented :
    agriculture
    cottage sector & handy crafts
    small scale industry
    leather
    textile
    game & jewelers
    EXIM POLICY (2004-2009)
  • 10. General provisions regarding import & export
    Promotional measures
    Duty exemption / remissions schemes
    Export promotional capital good schemes eon, ethos
    Special economic zones
    Free trade & ware housing zones
    Dimmed exports
    EXIM POLICY (2004-2009)
  • 11. Export grow significantly
    India going more than 1% of the global export
    Manufacturing sector boosted
    Service industry flowing & becomes one of the key employer
    Increased competitiveness of entire economy
    India poised to become a economic super power & a significant player
    CONCLUSION
  • 12. THANK YOU

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