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Exim Policy

1. Special Economic Zones allow for duty-free imports, no excise duties, and exports of all production. They are treated as foreign territory. 2. The government aims to double India's share of global trade to 1.5% and increase employment in rural and semi-urban areas by increasing economic growth. 3. Reforms include diluting controls, simplifying procedures, reducing transport costs, and developing trust and transparency in manufacturing, trading, and other focus areas.

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200 views8 pages

Exim Policy

1. Special Economic Zones allow for duty-free imports, no excise duties, and exports of all production. They are treated as foreign territory. 2. The government aims to double India's share of global trade to 1.5% and increase employment in rural and semi-urban areas by increasing economic growth. 3. Reforms include diluting controls, simplifying procedures, reducing transport costs, and developing trust and transparency in manufacturing, trading, and other focus areas.

Uploaded by

ayantik
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPT, PDF, TXT or read online on Scribd
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c 

1. FORMATION OF SEZ¶s-
a) duty free import of raw material
& K goods.
b) they need not pay any excise
duty even on products of Domestic
Tariff Area.
c) they have to export all of their
production.
d) these zones R treated as foreign
territory.
2.HEAVY CUT DOWN IN QR¶s
c 

1. SEZ FOR BANKS


2. AGRICULTURE
3. COTTAGE & HANDICRAFTS
4. SSI
5. GEMS & JEWELLARY
[ Fuel cost to be rebated for all export
products.
7. Focus of govt. on Latin American
Countries & Africa.
8. Focus on full convertibility of
Rupee.
9. Dilution in import licensing.
c 
TWIN OBJECTIVES-
1. To double India's share in global trade
to 1.5%.
2. To increase Eco. Growth by
increasing employment generation in
semi-urban & rural areas.
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1. Diluting controls
2. Simple procedures
3. Cutting down transport cost
4. Trust & transparency in system
5. Identifying & dev. focus on special
areas in manufacturing, trading etc.
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