Exim policy MBA notes

[pooja]

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I am doing my MBA degree from Mumbai University and searching for some notes for MBA course on the topic Exim Policy. Will you please provide me notes for MBA on topic Exim Policy along with other details so that I can prepare well for these notes for examination?

[pawan]

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.

EXIM Policy

Indian EXIM Policy contains various policy related decisions taken by the government in the sphere of Foreign Trade, i.e., with respect to imports and exports from the country and more especially export promotion measures, policies and procedures related thereto.

Trade Policy is prepared and announced by the Central Government (Ministry of Commerce). India's Export Import Policy also know as Foreign Trade Policy, in general, aims at developing export potential, improving export performance, encouraging foreign trade and creating favorable balance of payments position.

Exim Policy Documents

The Exim Policy of India has been described in the following documents:

Interim New Exim Policy 2009 - 2010
Exim Policy: 2004- 2009
Handbook of Procedures Volume I
Handbook of Procedures Volume II
ITC(HS) Classification of Export- Import Items

The main objective of the Exim Policy is:

To accelerate the economy from low level of economic activities to high level of economic activities by making it a globally oriented vibrant economy and to derive maximum benefits from expanding global market opportunities.

To stimulate sustained economic growth by providing access to essential raw materials, intermediates, components,' consumables and capital goods required for augmenting production.
To enhance the techno local strength and efficiency of Indian agriculture, industry and services, thereby, improving their competitiveness.

To generate new employment.

Opportunities and encourage the attainment of internationally accepted standards of quality.
To provide quality consumer products at reasonable prices.