The document discusses India's EXIM policy, EXIM Bank of India, and exchange control. It outlines the history and objectives of EXIM policy, including facilitating export growth and employment. The Foreign Trade Development and Regulation Act of 1992 authorizes the central government to formulate and announce annual EXIM policies. Foreign trade impacts Indian markets through globalization. Export promotion councils and various schemes work to promote exports. Exchange controls aim to protect India's currency reserves and balance of payments.

1. EXIM POLICY AND
EXCHANGE CONTROL

2. GROUP MEMBERS
ANUJA BAGUL BF15002
KEN PEREIRA BF15007
PURTI KAUNDER BF15010
VINEET GONSALVES BF15022

3. EXIM BANK OF INDIA
• Set Up By An Act Of Parliament In
September 1981,this act was supersede by
the Foreign Trade (Development & Regulation
Act), 1992.
 Wholly Owned By Government Of India
 Commenced Operations In March 1992
 Apex Financial Institution

4. EXIM POLICY
 The EXIM POLICY was introduced by government during
second world war and it lasted for around 45 yrs and in
June 1992 this act was supersede by the Foreign Trade
(Development & Regulation Act), 1992.
 The basic objective of this new act was to give effect to the
new liberalized export and import policy of the Govt.
 The EXIM Policy is updated every year on the 31st of
March.

5. Objectives Of EXIM Policy
 To facilitate sustained growth in exports of the
country
 To stimulate sustained economic.
 To enhance the technological strength and efficiency
of Indian agriculture,industry and services.
 To generate new employment opportunities and to
encourage the attainment of internationally accepted
standards of quality.

6. Foreign Trade Development And
Regulation Act, 1992.
 The Foreign Trade Development And Regulation Act, 1992.
, which replaced the Imports and Exports (Control) Act,
1947.
 It authorizes the Central Government to formulate and
announce an Export and Import (EXIM) policy and also
amend the same from time to time, by notification in the
Official Gazette.
 Under the Act, every importer and exporter must obtain an
‘Importer Exporter Code Number’(IEC) from Director
General of Foreign Trade or from the officer so authorized.

7. How Foreign Trade affects the
Indian Markets
 Foreign trade affects the domestic trade and markets of a
country and India.
 India is a part of the globalization and any effect, positive
or negative, on the global trade is bound to affect the
Indian markets.
 It was until 1991 that India followed a socialist-democratic
approach which kept it uncommitted to the foreign
countries.
 India, like other countries participating in globalization,
has been exporting and importing products and services
to and from other countries.

8. Export Promotion Council
 The basic objective of Export Promotion Councils is to
promote and develop the exports of the country.
 The main role of the EPCs is to project India's image
abroad as a reliable supplier of high quality goods and
services.
The major functions of the EPCs are:
 To organize visits of delegations of its members abroad to
explore overseas market opportunities.
 To organize participation in trade fairs, exhibitions and
buyer-seller meets in India and abroad;

9. Registration and Certification
 Registration cum-Membership certificate
 Registered the company with commodity board.

10.  Merchandise Exports From India Scheme(MEIS)
 Service Export From India Scheme (SEIS)
 Duty Exemption & Remission Schemes
 Duty Drawback Of Customs/Central Excise
Duties/Service Tax
 EPCG Scheme
 Towns Of Export Excellence (TEE)
Export Promotion Schemes

11. EXCHANGE CONTROL
 Exchange controls are usually maintained in the belief that they help to
protect a country's currency and its foreign-exchange reserves.
 Objectives of exchange control in India
(i) Protection of Balance of Payments.
(ii) Reducing Burden of Foreign Debt.
(iii) Raising the Level of Prices.
(v) Prevention of Export of Capital.
(vi) Economic Planning.