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Presented By:
Group 6,Section B-2
Exim Policy
The foreign trade of India is guided by the Export-Import
policy of the Government of India
Exim policy contain various policy decisions with respect
to import and exports from the country
Exim Policy is prepared and announced by the central
government
Exim Policy of India aims to developing export potential,
improving export performance, encouraging foreign trade
and creating favorable balance of payment position
EXIM Policy of India
2004-2009
Hon. Shri Kamal Nath minister for commerce and
industry has announced on 31st Aug 2004, India’s first
Exim policy.
The duration of the policy from 1st Sept. 2004 to 31st
March 2009.
It takes an integrated view of the overall development
of India’s foreign trade.
Aim of the policy is to double the global merchandise
trade within the policy time period of 5 years
Two Major Objectives
Objectives
To d a s an nt
o a c t e
perc uble o To
i n st r u m
shar entage ur c ti ve omic
me r
e of
g
of effe f econ giving t
loba o b y m en
trad c l th oy
e wi handise gr o w
em n p l
thin st to io
t
year the five at h r u
gen
e r a
General Objectives of Exim Policy
Bank Gurantee
Second-hand-capital goods
Validity of all lincences
No. of Returns and forms has been
simplified
Redressal of grievances
Physical examination of export cargo
Board of Trade:
The role is to advising government on relevant
issues connected with Foreign Trade Policy. The
Board of Trade shall be revamped and given a
clear and dynamic role.
An eminent person or expert on trade policy shall
be nominated as President of the Board of Trade,
which shall have a Secretariat and separate Budget
Head, and will be serviced by the Department of
Commerce.
Other Provisions:
Pragati Maidan
Convention center
Free Trade agreement
Service Export Promotion Council
Implications of The Foreign
Trade 2004-09
SECTORAL INITIATIVES
Highlights of Supplement cont…
Liberal Imports
Encouragement to Gems and Jewellery
Setting up of Bio-Tech-Parks
Income tax concessions and exemptions.
Evaluation Cont….
DEMERITS
http://www.eximkey.com
http://www.eximinfo.com
http://www.eximbankindia.in/
http://exim.indiamart.com/index.html
http://dgft.gov.in
http://finmin.nic.in/
Thank You