Export Policy 2009-2014

- Ismath Jafri

Objectives
To make it 60% of countrys GDP To achieve $450 bn exports by 2010 Improvement in infrastructure related to exports Bringing down transaction costs

Providing full refund of all indirect taxes and levies

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Export Policy India 2009-2014

Features
Incentive available under Focus Market Scheme (FMS) has been raised from 2.5% to 3%. Incentive available under Focus Product Scheme(FPS) has been raised from 1.25% to 2%. 26 new markets have been added under Focus Market Scheme. These include 16 new markets in Latin America and 10 in Asia-Oceania. 53 ITC(HS) Codes at 4 digit level Product classified for Market Linked Focus Product Scheme (MLFPS) Focus Product Scheme benefit extended for export of green products;

and for exports of some products originating from the North East.

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Export Policy India 2009-2014

Highlights
Market Diversification

Technological Upgradation
Handloom & Handicrafts - 2% special benefits- 5%

import allowed on previous year values

Alternative to Duty Entitled Passbook Scheme DEPB is announced soon

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Export Policy India 2009-2014

Indias Export to other countries

Source : www.bizindia.net
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Source: Ministry of commerce & industries- May 2011

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Automobile Exports

Source: Ministry of Commerce & Industry

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Automobile Exports

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Export Policy India 2009-2014

Export Credit Guarantee Corporation

Export Credit Guarantee Corporation of

India Limited, was established in the year 1957

by the Government of India to strengthen the export promotion drive by covering the risk of exporting on credit

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Export Policy India 2009-2014

What does ECGC do?

Provides a range of credit risk insurance covers to exporters against loss in export of goods and services Offers guarantees to banks and financial institutions to enable exporters to obtain better facilities from them Provides Overseas Investment Insurance to Indian

companies investing in joint ventures abroad in the form of

equity or loan
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How does ECGC help exporters?

Offers insurance protection to exporters against payment risks Provides guidance in export-related activities Makes available information on different countries with its own credit ratings

Makes it easy to obtain export finance from banks/financial institutions

Assists exporters in recovering bad debts

Provides information on credit-worthiness of overseas buyers

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Export Promotion Council

To provide commercially useful information and assistance to their members in developing and increasing their exports To offer professional advice to their members in areas such as technology upgradation, quality and design improvement, standards and specifications, product development and innovation etc. To organise visits of delegations of its members abroad to explore overseas market opportunities. To organise participation in trade fairs, exhibitions and buyer-seller meets in India and abroad. To promote interaction between the exporting community and the Government both at the Central and State levels

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List of Export Promotion council

Agricultural and Processed Food Products Export Development Authority (APEDA) Apparel Export Promotion Council Chemicals Pharmaceuticals & Cosmetics Export Promotion Council, (CHEMEXCIL) Carpet Export Promotion Council Cashew Export Promotion Council of India Chemical & Allied Products Export Promotion Council Cotton Textile Export Promotion Council Coffee Board Coir Board Electronic & Computer Software Export Promotion Council Engineering Export Promotion Council Federation of Indian Export Organisations (FIEO) Gems & Jewellery Export Promotion Council Export Promotion Council for Handicrafts Handloom Export Promotion Council Handicrafts & Handloom Export Corporation
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List of Export Promotion council [Contd]

Office of the Development Commissioner for Handlooms Development Commissioner for Iron Steel Indian Silk Export Promotion Council Indian Trade Promotion Organisation Council for Leather Export Marine Products Exports Development Authority (MPEDA) National Agricultural Cooperative Federation of India Ltd. (NAFED) Overseas Construction Council of India Powerloom Development and Export Promotion Council Plastic & Linoleum Export Promotion Council Rubber Board Shellac Export Promotion Council Sports Goods Export Promotion Council Spices Board Central Silk Board Synthetic & Rayon Textiles Export Promotion Council Tea Board Tobacco Board Wool & Woollens Export Promotion Council
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Thank You

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