I (Meaning and importance of Exports) Unit Structure


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8.9 
SUMMARY 
The Indian of packaging was set up with an objective to 
giving guidance and training to Indian exporters, in regard to 
packaging techniques. 


122 
Trade disputes can be settled quickly/peacefully through 
arbitration rather than through costly and lengthy legal procedure. 
The establishment of Indian council of arbitration (ICA) in April
1965 (at New Delhi) is a step taken in this direction. The purpose of 
ICA is to promote arbitration as a means of settling commercial 
disputes and popularizes the concept of arbitration among traders 
particularly those engaged in international trade. 
The DGCI&S is the nodal agency of government of India, 
which is responsible for collections, compilation and dissemination 
of trade statistics and various types of commercial information. 
Directorate general of foreign trade is responsible for the 
execution of the foreign trade policy (FTI) announced by the 
government from time to time for the promotion of exports.
Under STP scheme, a software development unit can be set 
up for the purpose of development of software, data entry and 
conversion, data, processing, data analysis and control data 
management or call centre services for exports. 
EOUs have been established with a view to generating 
additional production capacity for exports by capacity for exports by 
providing an appropriate policy framework.
The government policy is for the creation of SEZs in all parts 
for export promotion. They are expected to provide an 
internationally competitive and hassle-free environment for exports.
8.10 QUESTIONS FOR SELF-ASSESSMENT 
(a) Discuss the role of Indian Institute of packaging? 
(b) Write a detailed note on Indian council of arbitration? 
(c) Explain the activities of department of commercial intelligence 
and statistics? 
(d) Discuss the role of directors general of foreign trade? 
(e) Discuss the role of chambers of commerce in export 
promotions? 
(f) Write short notes software technology parks? 
(g) Write a note on export oriented units? 


123 
(h) What are the features of SEZS? 
(i) Explain the incentives available to units in SEZ? 
(j) 
Write a note a contribution of SEZS in India‟s exports? 


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