The Foreign Trade Policy 2015-2020 aims to increase India's exports to $900 billion by 2019-20 and raise its share of world exports from 2% to 3.5%. Major changes include merging various export promotion schemes into the Merchandise Exports from India Scheme (MEIS) and Service Exports from India Scheme (SEIS) to simplify procedures. Export obligation under the Export Promotion Capital Goods scheme was reduced to 75% to promote domestic manufacturing. The policy also focuses on trade facilitation through e-governance initiatives and boosting sectors like defence and pharmaceutical exports.
Import - Export Policy of India(EXIM POLICY)Sandip Besra
policies in the sphere of Foreign trade i.e. with respect to import & export from the country and more especially export promotion measures, policies and procedure related there to.
Foreign Trade Policy, 2023 for MSMEs & StartupsVinit Deo
Union Commerce Minister Shri Piyush Goyal recently released the Foreign Trade Policy 2023 (FTP 23) that aims to bring new territories, products and entrepreneurs in its fold.
FTP 23 changes the focus from giving Incentives to building infrastructure so that even aspirational small exporters in remote areas of the Country can get their goods and services to international markets.
The attached presentation gives an overview of the policy and its impact on MSMEs & Startups.
Your feedback, queries and suggestions are welcome at mdoffice@posiview.in
CA Vinit Deo
CA Prajakta Shetye-Deo
#Posiview #PosiviewVentures #LanguageOfGrowth
#Innovation #Startups #StartupIndia #MSME #ForeignTrade #ForeignInvestment #AtmanirbharBharat #MakeinIndia
Import - Export Policy of India(EXIM POLICY)Sandip Besra
policies in the sphere of Foreign trade i.e. with respect to import & export from the country and more especially export promotion measures, policies and procedure related there to.
Foreign Trade Policy, 2023 for MSMEs & StartupsVinit Deo
Union Commerce Minister Shri Piyush Goyal recently released the Foreign Trade Policy 2023 (FTP 23) that aims to bring new territories, products and entrepreneurs in its fold.
FTP 23 changes the focus from giving Incentives to building infrastructure so that even aspirational small exporters in remote areas of the Country can get their goods and services to international markets.
The attached presentation gives an overview of the policy and its impact on MSMEs & Startups.
Your feedback, queries and suggestions are welcome at mdoffice@posiview.in
CA Vinit Deo
CA Prajakta Shetye-Deo
#Posiview #PosiviewVentures #LanguageOfGrowth
#Innovation #Startups #StartupIndia #MSME #ForeignTrade #ForeignInvestment #AtmanirbharBharat #MakeinIndia
A power point presentation about India foreign trade's introduction, compostion of its imports and exports, also the direction of its imports and exports, with the help of some data diagrams.
OBJECTIVE
Trade agreements are when two or more nations agree on the terms of trade between them. They determine the tariffs and duties that countries impose on imports and exports. All trade agreements affect international trade. In this webinar, we shall look and the salient features and impact of various trade agreements entered into by India.
If you want to know about India's Foreign Trade Policy this PPT may help you to get some glance. The PPT contains India's trade policy 2015-2020 along with few agreements sign by India. Moreover, efforts made by government to maintain these policy are also given. As agriculture is main occupation in our nation few policy related to it are also mention. However this PPT was made before the new policy of 2021 therefore it does not consist about new policy.
International Business plays a crucial role in the economic development of a nation as it leads to industrialization, employment and reduction of scarcity of consumer goods. Our share of world trade has significantly increased over the years. At present, International Business opportunity in India exists in areas like IT, Telecom, R&D, Infrastructure, Retailing, etc. Sectors like health, education, housing, water resources, SMEs are untapped and offer huge scope.
Trade policy governs exports from and imports into a country.
Guided by the Export-Import (EXIM) Policy of the Government of India which is Regulated by the Foreign Trade (Development and Regulation) Act, 1992
It contains various policy with respect to imports and exports i.e. export promotional measures, policies and procedures related thereof. Policy was prepared and announced by the Central Government (Ministry of Commerce and Industry) for every 5 years of span.
It introduces various policies under FTP 2009-14. It also includes the role of EXIM (Export Import Bank) in foreign trade. It introduces the concept of Special Economic Zones. Changing trends in foreign trade in India are also shown in the presentation in the form of graphs and tables.
A power point presentation about India foreign trade's introduction, compostion of its imports and exports, also the direction of its imports and exports, with the help of some data diagrams.
OBJECTIVE
Trade agreements are when two or more nations agree on the terms of trade between them. They determine the tariffs and duties that countries impose on imports and exports. All trade agreements affect international trade. In this webinar, we shall look and the salient features and impact of various trade agreements entered into by India.
If you want to know about India's Foreign Trade Policy this PPT may help you to get some glance. The PPT contains India's trade policy 2015-2020 along with few agreements sign by India. Moreover, efforts made by government to maintain these policy are also given. As agriculture is main occupation in our nation few policy related to it are also mention. However this PPT was made before the new policy of 2021 therefore it does not consist about new policy.
International Business plays a crucial role in the economic development of a nation as it leads to industrialization, employment and reduction of scarcity of consumer goods. Our share of world trade has significantly increased over the years. At present, International Business opportunity in India exists in areas like IT, Telecom, R&D, Infrastructure, Retailing, etc. Sectors like health, education, housing, water resources, SMEs are untapped and offer huge scope.
Trade policy governs exports from and imports into a country.
Guided by the Export-Import (EXIM) Policy of the Government of India which is Regulated by the Foreign Trade (Development and Regulation) Act, 1992
It contains various policy with respect to imports and exports i.e. export promotional measures, policies and procedures related thereof. Policy was prepared and announced by the Central Government (Ministry of Commerce and Industry) for every 5 years of span.
It introduces various policies under FTP 2009-14. It also includes the role of EXIM (Export Import Bank) in foreign trade. It introduces the concept of Special Economic Zones. Changing trends in foreign trade in India are also shown in the presentation in the form of graphs and tables.
Trade strategies affect the consumption pattern and entrepreneurial and business behavior. There are two trade policies namely outward oriented and inward oriented. India follows the inward oriented policy. Internet has opened up new facilities for creating a relationship with global customers, potential customers, suppliers and channel members.
For more such innovative content on management studies, join WeSchool PGDM-DLP Program: http://bit.ly/ZEcPAc
This will give you a overview of science and technology policies in India. Also, How science and technology and trade policy helped in the economic growth of India
Aureus Law Partners' update on Foreign Trade Policy 2015-16Abhishek Dutta
The Government has introduced Foreign Trade Policy 2015-20 (“FTP”) on April 1, 2015. The key changes in FTP are summarized in this presentation by Aureus Law Partners ("ALPs"). ALPs is a full service law firm with its head office in New Delhi.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
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Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
2. OBJECTIVE
• Increase exports to $900 billion by 2019-20, from $466 billion in 2013-14
• Raise India's share in world exports from 2% to 3.5%.
Major Changes
• Merchandise Export from India Scheme (MEIS) and Service Exports from India Scheme (SEIS) launched.
• Higher level of rewards under MEIS for export items with High domestic content and value addition.
• Export obligation under EPCG scheme reduced to 75% to Promote domestic capital goods manufacturing.
• FTP to be aligned to Make in India, Digital India and Skills India initiatives.
• Duty credit scrips made freely transferable and usable for payment of custom duty, excise duty and service
tax.
• Export promotion mission to take on board state Governments
• Unlike annual reviews, FTP will be reviewed after two-and-Half years.
• Higher level of support for export of defence, farm Produce and eco-friendly products.
3. A. SIMPLIFICATION & MERGER OF
REWARD SCHEMES
1. Merchandise Exports from India Scheme (MEIS)
• Earlier there were 5 different schemes (Focus Product Scheme, Market Linked Focus Product Scheme, Focus
Market Scheme, Agri. Infrastructure Incentive Scrip, VKGUY) for rewarding merchandise exports with
different kinds of duty scrips with varying conditions (sector specific or actual user only) attached to their use.
• Now all these schemes have been merged into a single scheme, namely Merchandise Export from India Scheme
(MEIS) and there would be no conditionality attached to the scrips issued under the scheme. The main features
of MEIS, including details of various groups of products supported under MEIS and the country groupings are
as follows.
4. Products supported under MEIS Level of Support:
Higher rewards have been granted for the following category of products:
• Agricultural and Village industry products, presently covered under VKGUY.
• Value added and packaged products.
• Eco-friendly and green products that create wealth out of waste from agricultural and other waste products that generate
additional income for the farmers, while improving the environment.
• Labour intensive Products with large employment potential and Products with large number of producers and /or exporters.
• Industrial Products from potential winning sectors.
• Hi-tech products with high export earning potential.
High potential products not supported earlier:
• Support to 852 Tariff lines that fit in the product criteria but not provided support in the earlier FTP. Includes lines from
Fruits, Vegetables, Dairy products, Oils meals, Ayush & Herbal Products, Paper, Paper Board Products.
Women Centric Products supported under MEIS
Other sectors supported under MEIS
• Defence related Product, Pharmaceutical products of Bulk Drugs & Drug Intermediates, Drug Formulations
Biologicals, Herbal, Surgical, and Vaccines, Environment related Goods, Machinery, Equipment’s, Technical
Textiles.
5. 2. Service Exports from India Scheme (SEIS)
• Served From India Scheme (SFIS) has been replaced with Service Exports from India Scheme (SEIS).
• SEIS shall apply to ‘Service Providers located in India’ instead of ‘Indian Service Providers’.
• The rate of reward under SEIS would be based on net foreign exchange earned.
• The present rates of reward are 3% and 5%. The list of services and the rates of rewards would be reviewed
after 30.9.2015.
Sl No SECTORS Admissible rate
1 BUSINESS SERVICES (Professional, R&D, Rental/Leasing)
Other business services (Advertising services, Market research )
5%
3%
2 COMMUNICATION SERVICES 5%
3 CONSTRUCTION AND RELATED ENGINEERING SERVICES 5%
4 EDUCATIONAL SERVICES 5%
5 ENVIRONMENTAL SERVICES 5%
6 HEALTH-RELATED AND SOCIAL SERVICES 5%
7 TOURISM AND TRAVEL-RELATED SERVICES
Hotels and Restaurants
Travel agencies and tour operators services
3%
5%
8 RECREATIONAL, CULTURAL AND SPORTING SERVICES 5%
9 TRANSPORT SERVICES 5%
6. 3. Duty credit scrips to be freely transferable and usable for payment of custom duty, excise duty and service
tax.
• All scrips issued under MEIS and SEIS and the goods imported against these scrips would be fully transferable.
• Scrips issued under Exports from India Schemes can be used for the following:
1. Payment of customs duty for import of inputs / goods including capital goods, except items listed in Appendix 3A.
2. Payment of excise duty on domestic procurement of inputs or goods, including capital goods as per DoR notification.
4. Status Holders
• Business leaders who have excelled in international trade and have successfully contributed to country’s foreign trade are
proposed to be recognized as Status Holders and given special treatment and privileges to facilitate their trade transactions, in
order to reduce their transaction costs and time.
• The criteria for export performance for recognition of status holder have been changed from Rupees to US dollar earnings. The
new criteria is as under:
Status category Export Performance FOB / FOR (as converted) Value (in US $
million) during current and previous two years
One Star Export House 3
Two Star Export House 25
Three Star Export House 100
Four Star Export House 500
Five Star Export House 2000
7. B. BOOST TO "MAKE IN INDIA"
5. Reduced Export Obligation (EO) for domestic procurement under EPCG scheme:
• Specific Export Obligation under EPCG scheme, in case capital goods are procured from indigenous
manufacturers, which is currently 90% of the normal export obligation (6 times at the duty saved amount)
has been reduced to 75%, in order to promote domestic capital goods manufacturing industry.
6. Higher level of rewards under MEIS for export items with high domestic content
and value addition.
• As compared to products with high import content and less value addition.
8. C. TRADE FACILITATION & EASE OF
DOING BUSINESS
7. Online filing of documents/ applications and Paperless trade in 24x7 environment:
• It has been decided to develop an online procedure to upload digitally signed documents by Chartered Accountant /
Company Secretary / Cost Accountant.
8. Online inter-ministerial consultations:
• It is proposed to have Online inter-ministerial consultations for approval of export of SCOMET items, Norms
fixation, Import Authorizations, Export Authorization
9. Simplification of procedures/processes, digitization and e-governance
10. Forthcoming e-Governance Initiatives
(i) Message exchange for transmission of export reward
scrips from DGFT to Customs.
(v) Message exchange with CBDT for PAN.
(ii) Message exchange for transmission of Bills of Entry
(import details) from Customs to DGFT.
(vi) Facility to pay application fee using debit card / credit
card.
(iii) Online issuance of Export Obligation Discharge
Certificate (EODC).
(vii) Open API for submission of IEC application.
(iv) Message exchange with Ministry of Corporate Affairs for
CIN & DIN.
(viii) Mobile applications for FTP
9. D. OTHER NEW INITIATIVES
11. New initiatives for EOUs, EHTPs and STPs
• EOUs, EHTPs, STPs have been allowed to share infrastructural facilities among themselves.
• Inter unit transfer of goods and services have been allowed among EOUs, EHTPs, STPs, and BTPs
• EOUs have been allowed facility to set up Warehouses near the port of export.
• STP units, EHTP units, software EOUs have been allowed the facility to use all duty free equipment/goods for training
purposes.
• At present, in a period of 5 years EOU units have to achieve Positive Net Foreign Exchange Earning (NEE)
cumulatively. Now such period of 5 years for NFE completion can be extended by one year.
12. Facilitating & Encouraging Export of dual use items (SCOMET-Special Chemicals, Organisms,
Materials, Equipment and Technologies ).
• Validity of SCOMET export authorization has been extended from the present 12 months to 24 months.
• Authorization for repeat orders will be considered on automatic basis subject to certain conditions.
13. Facilitating & Encouraging Export of Defence Exports
• Authorization has been extended from the present 12 months to 24 months.
10. 14. e-Commerce Exports
• Goods having FOB value up to Rs.25000 per consignment (finalized using e-commerce platform) shall be eligible for
benefits under FTP.
15. Duty Exemption
• Imports against Advance Authorization shall also be eligible for exemption from Transitional Product Specific
Safeguard Duty.
16. Additional Ports allowed for Export and import
• Calicut Airport, Kerala and Arakonam ICD, Tamil Nadu have been notified as registered ports for import and export.
17. Duty Free Tariff Preference (DFTP) Scheme
• India has already extended duty free tariff preference to 33 Least Developed Countries (LDCs) across the globe.
18. Quality complaints and Trade Disputes
• In an endeavor to resolve quality complaints and trade disputes, between exporters and importers, a new chapter,
namely, Chapter on Quality Complaints and Trade Disputes has been incorporated in the Foreign Trade Policy.
19. Vishakhapatnam and Bhimavaram added as Towns of Export Excellence (Product Category–
Seafood)