Presentation is loading. Please wait.

Presentation is loading. Please wait.

Amity School of Business Module- 5 Foreign Trade Policy 2009-14 1.

Published byDrusilla Bertha Joseph Modified over 8 years ago

Similar presentations

Presentation on theme: "Amity School of Business Module- 5 Foreign Trade Policy 2009-14 1."— Presentation transcript:

1 Amity School of Business Module- 5 Foreign Trade Policy 2009-14 1

2 Amity School of Business - India’s merchandise exports in 2008-09 US $ 185 billion. - India’s Share in global trade (WTO estimates): 2 20032008 Merchandise trade0.83%1.45% Commercial Services exports 1.4%2.8% Goods & Services Trade 0.92%1.64%

3 Amity School of Business - India’s Foreign Trade (Exports & Imports), US$ billion: 3 YearExports% Growth Imports% Growth 2004-0583.5330.8111.5242.7 2005-06103.0923.4149.1733.8 2006-07126.2622.5185.6024.4 2007-08162.9029.0235.927.0 2008-09185.2913.6287.7614.3

4 Amity School of Business Foreign Trade policy (FTP) 2009-14 Announced in Sept. 2009. Short term objective: to arrest and reverse the declining trend of exports and to provide additional support especially to those sectors which have been hit badly by recession in the developed world. 4

5 Amity School of Business Other Objectives of the FTP 2009-14 To achieve an annual export growth of 15% with an annual export target of US$ 200 billion by March 2011. To achieve an annual export growth of around 25% by 2014. To double India’s exports of goods and services by 2014. The long term policy objective is to double India’s share in global trade by 2020. 5

6 Amity School of Business A special thrust needs to be provided to employment intensive sectors which have witnessed job losses in the wake of this recession, especially in the fields of textile, leather, handicrafts, etc. 6 Other Objectives of the FTP 2009-14

7 Amity School of Business Three pillars of FTP 2009-14 1.Improvement in infrastructure related to exports. 2.Bringing down transaction costs. 3.Full refund of all indirect taxes. 7

8 Amity School of Business Broad areas of Policy measures Fiscal incentives Procedural rationalization Enhanced market access across the world Diversification of export markets 8

9 Amity School of Business Specific Policy measures of FTP 2009-14 1.To continue with the DEPB Scheme upto December 2010 2.income tax benefits under Section 10(A) for IT industry till 31 st march 2011. 3.income tax benefits under section 10(B) for 100% export oriented units till 31st March 2011. 4.Enhanced insurance coverage and exposure for exports through ECGC Schemes has been ensured till 31st March 2010. 9

10 Amity School of Business Specific Policy measures of FTP 2009-14 5.India’s Look East Policy 6.Comprehensive Economic Partnership Agreement with South Korea which will give enhanced market access to Indian exports. 7.Trade in Goods Agreement with ASEAN which will come in force from January 01, 2010 8.Mercosur Preferential Trade Agreement 10

11 Amity School of Business Specific Policy measures of FTP 2009-14 9.Brand India through six or more ‘Made in India’ shows to be organized across the world every year. 10.promoting imports of capital goods for certain sectors under EPCG at zero percent duty. 11.‘Status holders’ recognition to exporters having good export performance. 12.‘status holders’ will be permitted to import capital goods duty free. 11

12 Amity School of Business Specific Policy measures of FTP 2009-14 13.Encourage production and export of ‘green products’ 14.Additional ports/locations would be enabled on the Electronic Data Interchange over the next few years to reduce the transaction cost and institutional bottlenecks. 12

13 Amity School of Business Special Focus Initiative: Market Diversification 26 new countries have been included within the ambit of Focus Market Scheme. The incentives provided under Focus Market Scheme have been increased from 2.5% to 3%. There has been a significant increase in the outlay under ‘Market Linked Focus Product Scheme’ by inclusion of more markets (Africa, Latin America, Oceania and CIS) and products. 13

14 Amity School of Business Technological Up gradation EPCG (Export Processing Capital Goods) Scheme at zero duty has been introduced for certain engineering products, electronic products, basic chemicals and pharmaceuticals, apparel and textiles, plastics, handicrafts, chemicals and allied products and leather and leather products. 14

15 Amity School of Business Agriculture and Village Industry Vishesh Krishi and Gram Udyog Yojana. Capital goods imported under EPCG will be permitted to be installed anywhere in AEZ. Import of inputs such as pesticides are permitted under Advance Authorization for agro exports. 15

16 Amity School of Business Handlooms & Handicrafts Specific funds are earmarked under MAI / MDA Scheme for promoting handloom exports. Duty free import entitlement of specified trimmings and embellishments upto 5 % of FOB value of exports during previous financial year. 16

17 Amity School of Business Gems & Jewellery Duty Free Import Entitlement (based on FOB value of exports during previous financial year) for consumables, & tools, for Jewellery made out of: (a) Precious metals (other than Gold & Platinum)– 2% (b) Gold and Platinum – 1% (c ) Rhodium finished Silver – 3% d) Cut and Polished Diamonds – 1% 17

18 Amity School of Business Leather and Footwear Duty free import entitlement of specified items upto 3% of FOB value of exports of leather garments during preceding financial year. Machinery and equipment for Effluent Treatment Plants shall be exempt from basic customs duty. 18

19 Amity School of Business Marine Sector Imports for technological upgradation under EPCG in fisheries sector. Duty free import of specified specialised inputs / chemicals and flavouring oils allowed upto 1% of FOB value of preceding financial year’s export. Marine products are considered for VKGUY scheme. 19

20 Amity School of Business Electronics and IT Hardware Manufacturing Industries Expeditious clearance of approvals required from DGFT shall be ensured. Exporters /Associations would be entitled to utilize MAI & MDA Schemes for promoting Electronics and IT Hardware Manufacturing industry exports. 20

21 Amity School of Business 1,3,4,5,7,10,12,13,14,17,19,20,21,25,26

22 Amity School of Business Sports Goods and Toys Duty free import of specified specialised inputs allowed to the extent of 3 % of FOB value of preceding financial year’s export. Sports goods and toys shall be treated as a Priority sector under MDA / MAI Scheme. Specific funds would be earmarked under MAI /MDA Scheme for promoting exports from this sector. Applications relating to Sports Goods and Toys shall be considered for fast track clearance by DGFT. 22

23 Amity School of Business THANK YOU

Download ppt "Amity School of Business Module- 5 Foreign Trade Policy 2009-14 1."

Similar presentations

Presentation on Foreign Trade Policy 2004-09. Objective:- # Facilitate sustained growth in exports to attain a share of atleast 1.5% of global merchandise.

Presentation on Foreign Trade Policy Objective:- # Facilitate sustained growth in exports to attain a share of atleast 1.5% of global merchandise.
Building SMEs to win Global Markets

Building SMEs to win Global Markets
Export Regulations. These are sanctioned by governments to regulate exports for a number of reasons amongst which are health, environment and strategic.

Export Regulations. These are sanctioned by governments to regulate exports for a number of reasons amongst which are health, environment and strategic.
Export import policy 2009-2014 Presented By; Anamika Sharma.

Export import policy Presented By; Anamika Sharma.
Implications for South Africa Shahid Yusuf October 27 th 2011.

Implications for South Africa Shahid Yusuf October 27 th 2011.
1 Growth of Micro, Small & Medium Enterprises in India.

1 Growth of Micro, Small & Medium Enterprises in India.
Laos, Vietnam & Cambodia

Laos, Vietnam & Cambodia
SFIS (Served From India Scheme) SFIS (Served From India Scheme) Accelerate growth in export of services & unique “served from India’ brand. Indian Service.

SFIS (Served From India Scheme) SFIS (Served From India Scheme) Accelerate growth in export of services & unique “served from India’ brand. Indian Service.
International trade.

International trade.
PRESENTATION BY HON.DR.EKWOW SPIO-GARBRAH, MINISTER OF TRADE & INDUSTRY ON GHANA’S TRADE & INVESTMENT OPPORTUNITIES IN LONDON, UK ON 23 RD OCTOBER 2014.

PRESENTATION BY HON.DR.EKWOW SPIO-GARBRAH, MINISTER OF TRADE & INDUSTRY ON GHANA’S TRADE & INVESTMENT OPPORTUNITIES IN LONDON, UK ON 23 RD OCTOBER 2014.
Identification of ESGs - The Key Issue Emerging Challenges for India S. K. Mohanty Senior Fellow, RIS Trade and Climate Change in Emerging Economies The.

Identification of ESGs - The Key Issue Emerging Challenges for India S. K. Mohanty Senior Fellow, RIS Trade and Climate Change in Emerging Economies The.
Meeting with State Governments on Promotion of Electronics System Design & Manufacturing 29 th May 2013.

Meeting with State Governments on Promotion of Electronics System Design & Manufacturing 29 th May 2013.
Foreign Trade.  Foreign trade is exchange of capital, goods, and services across international borders or territories  The importance of foreign trade.

Foreign Trade.  Foreign trade is exchange of capital, goods, and services across international borders or territories  The importance of foreign trade.
Latin America, continued Relatively weak internal trade relationships compared to Europe or North America Relatively strong trade relationships with Europe.

Latin America, continued Relatively weak internal trade relationships compared to Europe or North America Relatively strong trade relationships with Europe.
Trade and Development.  Introduction  Domestic Interests, International Pressures, And protectionist Coalition  The Structuralism critique  Domestic.

Trade and Development.  Introduction  Domestic Interests, International Pressures, And protectionist Coalition  The Structuralism critique  Domestic.
Electronics India The Second Sunrise. Content Why India? Emerging Opportunities Policy Environment.

Electronics India The Second Sunrise. Content Why India? Emerging Opportunities Policy Environment.
Conference of India’s Commercial Representatives abroad “Core areas with potential to boost Indian export: Exim Policy of India/ Principal export and important.

Conference of India’s Commercial Representatives abroad “Core areas with potential to boost Indian export: Exim Policy of India/ Principal export and important.
Introduction : Before 1991, economic development of the country was due to the public sector. But it is realized that public sector was insufficient due.

Introduction : Before 1991, economic development of the country was due to the public sector. But it is realized that public sector was insufficient due.
SUB-REGIONAL CONFERENCE ON IMPROVING INDUSTRIAL PERFORMANCE AND PROMOTING EMPLOYMENT IN THE SOUTHERN AFRICAN DEVELOPMENT COMMUNITY GALLAGHER ESTATES, JOHANNESBURG,

SUB-REGIONAL CONFERENCE ON IMPROVING INDUSTRIAL PERFORMANCE AND PROMOTING EMPLOYMENT IN THE SOUTHERN AFRICAN DEVELOPMENT COMMUNITY GALLAGHER ESTATES, JOHANNESBURG,
Prepared by: Neha Bindra.  Small scale industries are those which are run in a small place with a small amount of money and with a few workers  Small.

Prepared by: Neha Bindra.  Small scale industries are those which are run in a small place with a small amount of money and with a few workers  Small.

Similar presentations

Ads by Google