The document summarizes key aspects of India's Export Import (EXIM) policy for 2009-2014. The policy was announced to arrest declining exports and reverse the trend at a time when the global economy was struggling. Its main objectives were to double India's exports of goods and services by 2014 and double India's share of global merchandise trade by 2020. It aimed to simplify procedures, set export targets of $200 billion for 2010-2011 and 15-25% export growth rates. Specific provisions targeted increasing exports of sectors like diamonds, fisheries, leather, tea and pharmaceuticals. It also established institutions to support trade remedies and export financing.

1. • PRESENTED TO:
• DR. PD RATHI
• PRESENTED BY:
• SHIKHAR MARMAT

2. The foreign trade of India is guided by the
Export Import policy of govt. of India.
Regulated by the foreign trade development
and regulatory Act 1992.
Exim policy contain various policy decision
with respect to import and export from the
country.
It is prepared and announced by the central
government.

3. •EXIM Policy is the export import policy of the
government that is announced every five
years.
• It is also known as the Foreign Trade Policy.
• Every year the government announces a
supplement to this policy.

4. It aims to developing export potential,
improving export performance, encourage
foreign trade & creating favourable balance of
payment position.
To establish the framework for globalization.
To promote internationally competitive import
subsitution and self reliance
To encourage the attainment of high &
internationally accepted standards of quality.

5. The Foreign Trade Policy for the period 2009-
2014 was announced on 27th August 2009 at
a time when the world was emerging from the
shadow of a challenging economic period, the
worst we have seen in the last 7 decades.
Economies and markets across the world
were in turmoil, causing sharp contraction in
international trade, adversely impacting global
investment flows, rendering over 50 million
people jobless.
EXIM POLICY (2009-
2014)

6. The key objective for the Foreign Trade Policy
was to arrest the declining exports and reverse
the trend.
To double India’s exports of goods and
services by 2014.
To double India’s share in global merchandise
trade by 2020 as long term aim of this policy. I
Simplification of the application procedure for
availing various benefits.

7. Export target : $ 200 billions for 2010-2011.
Export growth rate :15% for next two years
and 25% there after.
 In an aim to make India a diamond
international trading hub, it is planned to
establish “Diamond Bourse(s)”.

8. Fisheries exempted from maintenance of
average EO under EPCG Scheme (along
with 7 sectors) however Fishing Trawlers,
boats, ships, and other similar items shall not
be allowed for this exemption.
Additional flexibility under Target Plus
Scheme / Duty free certificate of Entitlement
Scheme for the marine sector.

9. Duty Drawbacks is allowed on Gold Jewellery
Exports to neutralize duty incidence.
Plan to establish “Diamond Bourse (s ) with an
aim to make India an International Trading Hub
announced.
Introduction of a new facility to allow import on
consignment basis of cut and polished
diamonds for the purpose of grading /
certification.

10. On the payment of 50% applicable export
duty, Leather sector shall be allowed re-
export of unsold imported raw hides and
skins and semi finished leather from
public bounded warehouse.

11. The existing minimum value addition under
advance authorisation scheme for export of
tea is 100%. To 50%.
DTA (domestic tarriff area) sales limit to
instant tea by EOU units increased from
30% to 50 %.
Export of tea has been included under
VKGUY Scheme benefits.

12. Export Obligation Period for advance
authorization issued increased from
existing 6 months to 36 months.
Pharma sector included under MLFPS for
countries in Africa and Latin America and
some countries in Oceania and Far East.

13. A Directorate of Trade Remedy Measure shall
be set up , which will enable support to Indian
industry and exporters , especially the Micro
Small & medium Enterprises MSMEs in
availing their rights through trade remedy
instruments.
There is provision for state run banks to
provide dollar credits.

14. The Export-Import Bank of India The Export-
Import Bank of India, also known as Exim
Bank of India leading export finance institution
in the country.
The bank was set up in the year 1982 under
the Export-Import Bank of India Act 1981.
The bank offers wide-ranging services for
enhancing the prospect of Indian project
exports.
It plays the role of source of financial,
promoter ,coordinator & consultation of India’s
Foreign Trade.

15. THANK YOU!