2. Exim Policy
• The foreign trade of India is guided by the Export-
Import policy of the Government of India
• Exim policy contain various policy decisions with
respect to import and exports from the country
• Exim Policy is prepared and announced by the
central government
• Exim Policy of India aims to developing export
potential, improving export performance, encouraging
foreign trade and creating favorable balance of
payment position
3. EXIM Policy of India2009-2014
Hon. Anand Sharma minister for commerce and
industry has announced on 31st Aug 2009, India’s first
Exim policy.
It takes an integrated view of the overall development
of India’s foreign trade.
Aim of the policy is to double the global merchandise
trade within the policy time period of 5 years.
Mr.Anand Sharma
4. General Objectives of
Exim Policy
•To establish the framework for globalization.
• To promote the productivity competitiveness of Indian Industry.
• To Encourage the attainment of high and internationally accepted
standards of quality.
• To augment export by facilitating access to raw material, intermediate,
components, consumable sand capital goods from the international
market.
• To promote internationally competitive import substitution and self-
reliance
5. Unshackling of controls
Simplifying Procedures
Neutralizing Incidence
Facilitating development of India
Identifying special focus areas
Key Strategies to achieve these objectives
8. Agricultural Sector:
Agriculture has the potential to bring prosperity in
rural areas, and also has the largest potential for
promoting employment. Some special provisions for
the agricultural sector under the EXIM policy are as
follows:
a) Vishesh Krishi Upaj Yojana
b) Import of Capital Goods
c) Agri Export Zones
d) Import of seeds
9. Gems and Jewellery Industry
To provide employment among artisans and
to develop their skills, special package has
been announced for this sector. Some
of them are:
a) Duty Free Import
b) Commercial Samples
c) Import of gold
10. Handloom and
Handicraft sector:
•Specific funds are earmarked under MAI / MDA Scheme for
promoting handloom exports.
•Duty free import entitlement of hand knotted carpet
samples is 1 % of FOB value of exports during previous
financial year.
•Duty free import of old pieces of hand knotted carpets on
consignment basis for re-export after repair is permitted.
•New towns of export excellence with a limit of Rs 150 crore
shall be notified.
•Machinery and equipment for effluent treatment
plants is exempt from customs duty.
11. Leather & Footwear:
Duty free entitlements of import trimmings,
embellishments and footwear components for leather
industry increased to 3% of FOB value of exports.
Duty free import of specified items for leather sector
increased to 5% of FOB value of exports.
Machinery and equipment for Effluent Treatment
Plants for leather industry shall be exempt from
Customs Duty.
12. SEZ (Special economic zone):
A scheme for setting up special economic zones(Sezs)in
the country to promote exports was announced by the
government in the export and Import Policy on March
31st , 2000. During 2006-07, exports from functioning Sezs
were Rs. 34,615 crores.
Main Objectives of SEZs Act:
1. Generation of additional economic activity
2. Promotion of exports of goods and services
3. Promotion of investments from Domestic and Foreign
sources
4.Creation of employment opportunities and
5.Development of infrastructure facilities
13. What is always new in new FTP
of Govt. Of India ?
This policy comes at a time when
India's foreign trade is growing
robustly. The FTP hopes to double the
country’s percentage share of global
trade within next five years and also
generate substantial employment
