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India’s Foreign Trade Policy
2015-2020
Present by –
Mr. Sushant Katare
About FTP
• Overall development of country’s
foreign tradee.
• Economic growth and development of
nation
• Increase double percentage share of
global merchandise and employment
generation.
INDRODUCATION
• Commerce Minister Nirmala Sitharaman
introduce FTP (2015-20) Merchandise Exports
from India Scheme (MEIS) and Services
Exports from India Scheme (SEIS) to boost
outward shipments
• FTP is made product wise and location wise
and tried to maximize the foreign trade from
the country.
GOALS and OBJECTIVES
• provide a stable and sustainable policy
environment for foreign trade
• other initiatives such as ‘Make in India’, ‘Digital
India’ and ‘Skills India’
• to gain global competitiveness
• increasing the demand for India’s products and
contribution
• To reduce the trade imbalance
LEGAL FRAMEWORK AND
TRADE FACILITATION
• LEGAL FRAMEWORK –
Section 5 of the Foreign Trade
(Development & Regulation) Act 1992.
• TRADE FACILITATION -
GENERAL PROVISIONS
REGARDING IMPORTS AND
EXPORTS
• Importer-Exporter Code / e-IEC
• Prohibitions
• Import / Export Through State
Trading Enterprises
• Trade with neighboring Countries
• Import Policy for Metallic Waste and
Scraps
• Other Provisions Related to Imports
• Export Promotion Councils
EXPORTS FROM INDIA
SCHEMES
• Merchandise Exports from India
Scheme (MEIS)
• Service Exports from India Scheme
(SEIS)
• Common Provisions for Exports from
India Schemes (MEIS and SEIS)
DUTY EXEMPTION / REMISSION
SCHEMES
• Duty Exemption Schemes.
• Duty Remission Scheme.
EXPORT PROMOTION CAPITAL
GOODS (EPCG) SCHEME
 to facilitate import of capital goods for
producing quality goods and services
to enhance India’s export
competitiveness.
 EPCG Scheme allows import of capital
goods for pre-production, production
and post-production at Zero customs
duty.
EOU, EHTP, STP & BTP
 Objectives of these schemes are to
promote exports, enhance foreign
exchange earnings, attract
investment for export production
and employment generation.
QUALITY COMPLAINTS AND
TRADE DISPUTES
 Exporters need to project a good
image of the country abroad to
promote exports. Maintaining an
enduring relationship with foreign
buyers is of utmost importance, and
complaints or trade disputes,
whenever they arise, need to be
settled amicably as soon as possible.
Conclusion
india's foreign trade policy

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india's foreign trade policy

  • 1. India’s Foreign Trade Policy 2015-2020 Present by – Mr. Sushant Katare
  • 2. About FTP • Overall development of country’s foreign tradee. • Economic growth and development of nation • Increase double percentage share of global merchandise and employment generation.
  • 3. INDRODUCATION • Commerce Minister Nirmala Sitharaman introduce FTP (2015-20) Merchandise Exports from India Scheme (MEIS) and Services Exports from India Scheme (SEIS) to boost outward shipments • FTP is made product wise and location wise and tried to maximize the foreign trade from the country.
  • 4. GOALS and OBJECTIVES • provide a stable and sustainable policy environment for foreign trade • other initiatives such as ‘Make in India’, ‘Digital India’ and ‘Skills India’ • to gain global competitiveness • increasing the demand for India’s products and contribution • To reduce the trade imbalance
  • 5. LEGAL FRAMEWORK AND TRADE FACILITATION • LEGAL FRAMEWORK – Section 5 of the Foreign Trade (Development & Regulation) Act 1992. • TRADE FACILITATION -
  • 6. GENERAL PROVISIONS REGARDING IMPORTS AND EXPORTS • Importer-Exporter Code / e-IEC • Prohibitions • Import / Export Through State Trading Enterprises
  • 7. • Trade with neighboring Countries • Import Policy for Metallic Waste and Scraps • Other Provisions Related to Imports • Export Promotion Councils
  • 8. EXPORTS FROM INDIA SCHEMES • Merchandise Exports from India Scheme (MEIS) • Service Exports from India Scheme (SEIS) • Common Provisions for Exports from India Schemes (MEIS and SEIS)
  • 9. DUTY EXEMPTION / REMISSION SCHEMES • Duty Exemption Schemes. • Duty Remission Scheme.
  • 10. EXPORT PROMOTION CAPITAL GOODS (EPCG) SCHEME  to facilitate import of capital goods for producing quality goods and services to enhance India’s export competitiveness.  EPCG Scheme allows import of capital goods for pre-production, production and post-production at Zero customs duty.
  • 11. EOU, EHTP, STP & BTP  Objectives of these schemes are to promote exports, enhance foreign exchange earnings, attract investment for export production and employment generation.
  • 12. QUALITY COMPLAINTS AND TRADE DISPUTES  Exporters need to project a good image of the country abroad to promote exports. Maintaining an enduring relationship with foreign buyers is of utmost importance, and complaints or trade disputes, whenever they arise, need to be settled amicably as soon as possible.

Editor's Notes

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