I (Meaning and importance of Exports) Unit Structure

9 
FOREIGN TRADE POLICY 
Unit Structure 
 
9.0 Objectives. 
9.1 Meaning of EXIM POLICY 
9.2 Main objectives 
9.3 Highlights and Implication of FTP 2009-14 
9.4 Special Focus Initiatives 
9.5 Towns of excellence 
9.6 Eligibility criteria for status holders EH/STH/TH/PTH/SEH 
9.7 Privileges / Benefits /Facilities for status holders 
9.8 Functions of EH/TH/STH/SSTH 
9.9 Negative list of exports 
9.10 Question for self-assessment 
9.0 OBJECTIVES 
After studying this chapter students will be able to 
– 
Understand the meaning and objectives of EXIM POLICY. 
Know highlights of FTP 2009-14 
Indentify special focus initiatives 

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Explain towns of export excellence 
Know eligibility criteria and privileges of status holders 
Elaborate important functions of EH/TH/STH/SSTH 
Findout negative list of exports 
9.1 MEANING OF EXIM POLICY 
EXIM policy means the policy relating to exports and 
imports. In other words, it is the policy relating to foreign 
trade/international marketing. Even policies relating to export 
promotion are covered within the scope of the EXIM policy. In India 
policy is formulated and announced by the ministry of commerce, 
Government of India. It contains policy and procedure relating to 
imports and exports. In India export policy resolution of 1970 is 
considered as 
an important land mark in the history of India‟s EXIM 
policy. On the basis of export policy resolution of 1970 the export 
import policy statements were announced regularly by the 
government since 1985. The policy statement announced by the 
government contains special schemes incentives and concessions 
offered to the exporter. 
The government of India introduces the EXIM policy, 
normally for a period of five years. The EXIM policy provides a list 
of initiatives and procedural guidelines for exports and importers. In 
2004, the government of India renamed the EXIM policy as Foreign 
Trade Policy.