What is Exim policy short note?
Export-Import (EXIM) Policy frames rules and regulations for exports and imports of a country. This policy is also known as Foreign Trade Policy. It provides policy and strategy of the government to be followed for promoting exports and regulating imports.
What is Exim Policy and its features?
Exim Policy or Foreign Trade Policy is a set of guidelines and instructions established by the DGFT in matters related to the import and export of goods in India. The Foreign Trade.
What is Exim Policy SlideShare?
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What is the current EXIM policy?
It aims to: Accelerate economic activity and make the most of global market opportunities. Encourage sustained economic growth by providing access to raw materials, components, intermediates (goods used as inputs for the production of other goods), consumables and capital goods required for production.
What is the aim of Exim policy?
Objectives of Exim Policy : To facilitate sustained growth in exports from India and import in India. To stimulate sustained economic growth by providing access to essential raw materials, intermediates, components, consumables and capital goods scheme required for augmenting production and providing services.
WHO announces Exim policy of India?
Exim Policy, also known as the Foreign Trade Policy is announced every 5 years by Ministry of Commerce and Industry, Government of India.
What are the main objectives of EXIM policy?
Who prepares EXIM policy?
EXIM Policy of India | Economic & Social Issues | RBI Grade B Phase 2 | Career Launcher. The foreign trade policy (FTP) also known as EXIM (export-import) policy is regulated by the Foreign Trade Development and Regulation Act, 1992.
Who pronounced Exim policy of India?
Mr. V. P. Singh, the then Commerce Minister and pronounced the new Exim Policy of India on the 12th of April, 1985. Primarily the Export-Import Policy of India was launched for the period of three years with main intention to boost the export business in India.
What is another name of EXIM policy?
Export Import Policy or better known as Exim Policy is a set of guidelines and instructions related to the import and export of goods. The Government of India notifies the Exim Policy for a period of five years (1997 2002) under Section 5 of the Foreign Trade (Development and Regulation Act), 1992.
Who introduced EXIM policy?
The Government of India notifies the Exim Policy for a period of five years (1997 2002) under Section 5 of the Foreign Trade (Development and Regulation Act), 1992. The current policy covers the period 2002 2007.
WHO announces EXIM policy?
Exim Policy, also known as the Foreign Trade Policy is announced every 5 years by Ministry of Commerce and Industry, Government of India. It is updated every year on the 31st of March and all the amendments and improvements in the scheme are effective from the 1st of April.
What is Exim Policy?
•EXIM Policy is the export import policy of the government that is announced every five years. • It is also known as the Foreign Trade Policy.
What is permeable of Exim Policy 2004-2009?
Permeable of Exim Policy 2004-2009: It is a speech given by the Ministry of Commerce and Industries. The speech for the Exim Policy 2004-2009 was given by Kamal Nath, on 31ST AUGUST, 2004. The Preamble spells out the broad framework and is an integral part of the Foreign Trade Policy.
What is the history of Exim Policy of India?
History of Exim Policy of India In the year 1962, the Government of India appointed a special Exim PolicyCommittee to review the government previous export import policies. The committee was later on approved by the Government of India.
Who gave the speech for the Exim Policy 2004-2009?
The speech for the Exim Policy 2004-2009 was given by Kamal Nath, on 31ST AUGUST, 2004. The Preamble spells out the broad framework and is an integral part of the Foreign Trade Policy.