GROUP MEMBER

Name Roll No.

Anupma Dubey C12

Soni Gupta C18

Rushikesh Gurav C20

Kiran Sonar C54

Sonali Gaikar C60

Devaraj Gurav P17

INTRODUCTION
 Foreign trade policy is also known as Export-Import policy or
EXIM Policy. The EXIM polices are adopted by any country
regarding the exports and imports goods and services with other
countries in the world
 Trade policies can be of two types:
Free trade policy
Protective trade policy
 FTP has been to provide a framework of rules and procedures for
exports and imports and a set of incentives for promoting exports
 Foreign trade has begun to play a significant part in the Indian
economy reflecting its increasing integration in globalization
•The vision is to make India a significant participant in world trade

•The mission is to provide a stable and sustainable policy

environment for growth of foreign trade
•To provide a mechanism for regular appraisal in order to rationalize
imports and reduce the trade imbalance
INDIAN FOREIGN TRADE POLICY 2015-
2020

 Commerce Minister Nirmala Sitharaman introduced Foreign

Trade Policy 2015-2020. Foreign Trade Policy is depends upon
product and its location wise which are helps to the country
through Foreign Trade

 Its helps to stability and sustainability policy for foreign trade.

Make in INDIA, Digital INDIA & Skills INDIA’s mainly
initiatives for foreign trade policy as well as generation of
employment. Its also gain the Global Competitive with the help
of increasing the demand for Indian product’s and contribution

 According to last FTP 2009-14 exports expected to increase from

466$ billion to 900$ billion by 2020
KEY HIGHLIGHTS OF 2015-2020
 FTP 2015-20 provides a framework for increasing exports of
goods and services as well as generation of employment and
increasing value addition in the country, in line with the ‘Make
in India’ program

 The Policy aims to enable India to respond to the challenges of

the external environment, keeping in step with a rapidly
evolving international trading architecture and make trade a
major contributor to the country’s economic growth and
development

 Introduces two new schemes, namely ‘Merchandise Exports

from India Scheme (MEIS)’ for export of specified goods to
specified markets and ‘Services Exports from India Scheme
(SEIS)’ for increasing exports of notified services
 The rates of rewards under MEIS range from 2 per cent to 5
per cent. Under SEIS the selected Services would be
rewarded at the rates of 3 per cent and 5 per cent

 E-Commerce exports of handloom products,

books/periodicals, leather footwear, toys and customised
fashion garments through courier or foreign post office
would also be able to get benefit of MEIS (for values up to
INR 25,000)

 ‘Niryat Bandhu Scheme’ has been galvanised and

repositioned to achieve the objectives of ‘Skill India’
 FOREIGN TRADE POLICIES
OF 2015-2020
 Niryat Bandhu – Hand Holding for New Export/Import
entrepreneurs
 Online Complaint registration and Monitoring system. Issue of E-
Importer/Exporter Code and E-Bank Realization Certificate
 Reduction in important documents which was required for Export &
Import
 Exemption from service tax on services received abroad
 Export promotion with capital goods
 Export Oriented Units, Electronic Hardware Technology Park,
Software Technology Park and Bio Technology Park. Introduced
INDIA’S FOREIGN POLICY IN LAST
4 YEARS
 Modi Government come in May 2014
 Domestic Agenda
 Given importance to the other countries
 Make In India
 Pratham Prawasi Sansad Parishad
 Quadrilateral Security
 Bangladesh & India
The government is pitching India as a friendly destination
for manufacturing and exporting goods, and the new
policy is being seen as an important step towards
realizing that goal.