As per the annual supplement 2012 to foreign trade policy 200914 the interest subvention scheme of 2 percent will continue to be effective till march 31, 20. Incentive schemes under chapter 3 have been expanded by way of addition of new products and markets. The government of india, ministry of commerce and industry announced new foreign trade policy on 27th august 2009 for the period 20092014, earlier this policy known as export import exim policy. Eous have been allowed to sell products manufactured by. The foreign trade policy is primarily focused on accelerating exports. Stability continuity of the foreign trade policy 17. Fps product code itc hs code description 67 67 851762 machine for reception, conversion, and regeneration of voice, images and other data 68 68 851769 parts of telecom transmission. The trade policies of 200409 and 200914,in these policies it is. New foreign trade policy 200914 free download as powerpoint presentation.
Unit i foreign trade and policy pondicherry university. To double indias share in global merchandise trade by 2020 as a long term aim of this policy. Foreign trade policy 201520 is introduced on 1st april, 2015. Handbook on ha foreign trade policy ndbo and ok o guide to. In view of the decline in export growth as an immediate relief, the government provided a. The foreign trade policy which was announced on thursday august 28, 2009 is an integrated policy for the period 200914.
Amendments in the rewardincentive schemes of chapter 3 of foreign trade policy 200914 appendix 37a, appendix 37c and appendix 37d of handbook of. To double indias exports of goods and services by 2014. Dgft amendments in chapter 4 of the foreign trade policy. The foreign trade policy of india 20092014 your article library.
External trade or international trade, on the other hand, is the trade between. To impart stability to the policy regime, duty entitlement passbook depb scheme is extended beyond 31122009 till 31. Can foreign trade policy 201419 strengthen economy of india by 2020. Highlights of foreign trade policy 200914 business. Indias foreign trade policy 200914 scheme for export oriented units. Exports and imports shall be free, except where regulated by ftp or any other law in force. Foreign trade policy of india 2009 14 linkedin slideshare. India new foreign trade policy 2009 2014 also called indian new exim policy issued by dgft and.
This has been achieved despite the global contraction and is indicative of indias resilience and increasing integration with the. Higher support for market and product diversification. The features of the foreign trade policy for 200914 which was announced by commerce minister, anand sharma, on thursday are. Gujral director general of foreign trade and ex officio additional secretary to the government of. You can click here to read foreign trade policy 200914. Indias foreign trade policy 200914 by cybex exim solution pvt ltd. Foreign trade policy 1 st april, 2015 31 st march, 2020 updated upto 30 06 2015 government of india ministry of commerce and industry department of commerce. The commerce and industry ministry is expected to announce the new fiveyear foreign trade policy 201419 by the end of this month as it seeks to. Foreign trade policy directorate general of foreign. As an immediate relief, the government provided a policy environment through a. The upa government has assumed office at a challenging time when the entire world is.
Countries across the world have been affected in varying degrees and all major. The following are added to table 4 vide public notice no. Composition and direction of indias foreign trade, india and the world trade, regulatory and institutional framework for export trade promotion, framework of foreign trade policy, understanding new foreign trade policy 200914, organizing an exportimport firm. The foreign trade policy which was announced on august 28, 2009 is an integrated policy for the period. He is looking for inputs on key foreign policy objectives. Trade policy, 20092014, the central government hereby notifies the foreign trade policy, 20092014 as contained in annexure to this notification. The present publication is an attempt to provide guidance to. To arrest and reverse declining trend of exports is the main aim of the policy. The features of the foreign trade policy for 200914 which was announced by commerce minister, anand sharma. Highlights of the annual supplement 201011 to the foreign trade policy 200914. Foreign trade policy 20092014 total export solutions. On august 27, 2009, the commerce and industry minister, anand sharma, presented the fiveyear foreign trade policy ftp for 20092014.
What are the important features of the foreign trade. The foreign trade division ftd provides information on u. Foreign trade policy 200914 foreword the upa government has assumed office at a challenging time when the entire world is facing an unprecedented economic slowdown. Dgft amends table 2 of appendix 3b foreign trade policy. If you continue browsing the site, you agree to the use of cookies on this website. Read more about the role of financial system in economic development. External sector and indias foreign trade policy ftp 200914 annual report 2014 45 china amongst others. Internal trade or domestic trade refers to the exchange of goods and services between the buyers and sellers within the political boundaries of the same country. I hereinafter referred to as the handbook have been notified by the dgft vide notification no. The new foreign trade policy ftp takes an integrated view of the overall development of indias foreign trade and goes beyond the traditional focus on pure exports. Foreign trade policy ftp, 200914 the annual supplement to the foreign trade policy hereinafter referred to as the ftp, 20092014 and the handbook of procedures vol. This site provides comprehensive information on foreign trade policy of india. This would be clear from the following statement in the policy document, trade is not an end in itself, but a means to economic growth and rational. The indian government has announced a slew of measures to boost the foreign trade activities of.
Annual supplement 201011 to the foreign trade policy 200914. India new foreign trade policy 2009 2014 also known as. Amendments in chapter 3 of foreign trade policy 200914 s. The policy lays the guidelines to help the traders trade efficiently and make the maximum. I may be referred for the list of products and countries. Major highlights of foreign trade policy 200914 taxguru. Indias foreign trade policy 200914 the union commerce ministry, government of india announces the integrated foreign trade policy ftp in every five year. The annual supplement 2014 of foreign trade policy 200914 was announced today by mr anand sharma, minister for commerce, industry and textiles, government of india. The policy laid down by the government is in the interest of the stakeholders with the sole motive to provide them with an ideal platform for trade. It may be carried on either as a wholesale trade or a retail trade. The site also focuses on indias achievements as a result of its well designed foreign trade policy. Ill leave it to him to send the following to mr shyam saran. Ftp 20092014 annual supplement of 23 aug 2010 procedure. Crossborder trade and broader bilateral intercourse can only be achieved when geographic boundaries are beyond doubt.
Foreign trade policy 200409, though it does not alter the broad contours of the main policy, recognises the dynamic nature of international trade and the consequent need for periodic realignment and an integrated approach to the developmental requirements of indias foreign trade. This is sought to be implemented through various schemes intended to exempt and remit indirect taxes on inputs physically incorporated in the export product, import capital goods at concessional duty, stimulate services exports and focus on specific markets and products. The year 2009 is witnessing one of the most severe global recessions in the postwar period. Complete information on the export regulations and filing. Foreign trade policy appendices updated as on 10 april 2009. Eximkey india dgft, customs, excise, export import policy. Since the liberalisation, indias economy has improved mainly due to increased foreign trade. This column is compiled by consultant exim policy of. Information is also available by method of transportation with dollar values and shipping weights available for air and vessel shipments. The measures comprise fiscal concessions as well as relaxations in. Interest subvention of 2% for preshipment credit for 7 specified sectors has been extended till 31. Foreign trade policy 2014 announced highlights of annual supplement 2014 to the foreign trade policy 200914 incremental exports incentivisation scheme government has announced incremental export incentivisation scheme on 26. New foreign trade policy 200914 exports trade free. India new foreign trade policy 2009 2014 also known as indian.