Rediff Logo
 Money
Line
Channels: Astrology | Broadband | Contests | E-cards | Money | Movies | Romance | Search | Weather | Wedding | Women
Partner Channels: Auctions | Auto | Bill Pay | IT Education | Jobs | Lifestyle | Technology | Travel
Line
Home > Money > PTI > Report
March 31, 2001 		Feedback  
  Money Matters

 -  Business Special
 -  Business Headlines
 -  Corporate Headlines
 -  Columns
 -  IPO Center
 -  Message Boards
 -  Mutual Funds
 -  Personal Finance
 -  Stocks
 -  Tutorials
 -  Search rediff

    
      

 
 Search the Internet
         Tips
 Sites: Finance, Investment
E-Mail this report to a friend
Print this page

Highlights of the Exim Policy 2001-2002

EXIM
POLICY

Following are the highlights of new Exim Policy announced on Saturday:

  • Quantitative restrictions (QRs) totally dismantled from April 1.
  • Standing Group to be set up for monitoring import of 300 sensitive items.
  • Policy focuses on accelerating export growth to achieve 1 per cent of global trade by 2004-05.
  • Export growth target at 18 per cent for 2001-02.
  • Import of new and second-hand automobiles allowed, but subject to conditions.
  • Exim Policy schemes like duty exemption scheme and export promotion capital goods (EPCG) to be applicable to agro-sector.
  • Promotion of agricultural exports through agri-economic zones and agricultural export policy.
  • Import of agricultural products like wheat, rice, maize, other coarse cereals, copra and coconut oil has been placed in the category of state trading.
  • Market access initiative through a plan scheme.

ALSO READ:
Exim Policy 2001-2002: Full coverage
Union Budget 2001-2002: Full coverage

Back to top
(c) Copyright 2000 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

Tell us what you think of this report