I (Meaning and importance of Exports) Unit Structure

11. Pharmaceutical Sector 
Pharma sector extensively covereal under market linked 
FPS for countries in Africa and Latin America and some countries 
in oceania and far east. Export obligation period for advance 
authorization issued with 6-APA as input has been increased from 
the existing 6 months to 36 months as is available for other 
products. 
12. Handloom Sector 
 
To simplify claims under FPS, requirement of handloom 
mark for availing benefits under FPS, has been removed. 
13. Automobile Sector 
Automobile industry, having their own research & 
development establishment would be allowed free import of 
reference fuels up to a maximum of 5 KL per annum, which are not 
manufactured in India. 

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9.4 SPECIAL FOCUS INITIATIVES 
The foreign trade policy (FTP) 2004-09 has identified certain 
thrust sectors having prospects for export expansion and potential 
for employment generation. This sector includes agriculture, 
handlooms and handicrafts, gems and jwewllery and leather and 
footwear sectors. 
The following are the sector specific policy initiative for the 
thrust sectors. 
(a) Agriculture
Agriculture sector promote the export, the following are 
some of the initiatives in the FTP 2004-09. 
A new scheme called Vishesh Krishi Gram Udyog Yojana 
(Special Agricultural Produce Scheme) has been introduced to 
increase the export of fruits, vegetables, flowers, minor forest 
produce and their value added products. Under this scheme, 
exports of these products are eligible for duty free credit entitlement 
for importing inputs and other goods. 
Agriculture sector is eligible for duty free import of capital 
goods under „EPCG” scheme and is permitted anywhere in the 
agriculture export zone (AEZ). 
The agriculture sector is permitted to utilize funds from the 
assistance of states of infrastructure developments of exports. 
Liberalization of import of seeds, bulbs, tubers and plating 
material. The export of plant portions derivatives and extracts to 
promote export of medicinal plants and herbal products.