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FOREIGN TRADE POLICY
HIGHLIGHTS & IMPLICATIONS OF FTP 2009-14
• Focus product and Focus market schemes• Technological Up gradation• EPCG Relaxations• Green Products from North East• Status Holders• Marine Sector• Gems & Jewellery sector• Agriculture sector• Leather sector• Tea sector• Pharmaceutical Sector• Handloom Sector• Export Oriented sector• Automobile Sector
ELIGIBILITY & PRIVILEGES OF STATUS HOLDER
• ELIGIBILITY : Merchant &
manufacturers exporters Service providers Export oriented units Unit located in SEZ, Agri
export zones Electronic hardware
technology parks, software technology parks
Bio technology parks
• PRIVILEGES : License / certificate / permission
and custom clearance for both import and exports on self declaration basis
Fixation of input – output norms on priority within 60 days
Exemption from compulsory negotiation of documents through banks
100 % retention of foreign exchange account
Enhancement in normal repatriation period from 180 days to 360 days
EXPORT HOUSES & TRADING HOUSES
• Marketing functions• Risks bearing • Exports of SSI items• Product Research• Assistance in Quality • Product introduction• Advising the government• Organizing seminars• Supply of inputs• Training