| The export import policy (EXIM policy) of India has | | | | a resource centre for trade information and |
| been instrumental in making it a major part of the | | | | monitoring agency for imports and exports. Online |
| world trade. However, there is a need for a | | | | services available at various sits It implements the |
| comprehensive view to be taken for further | | | | export import policy (EXIM policy) of India by |
| development of the country's international trade. | | | | introducing various schemes and guidelines through its |
| DGFT (directorate general of foreign trade) which is | | | | network of regional offices throughout the country. |
| accessible online gives all the necessary information | | | | It is required to perform the tasks in co- ordination |
| and support to people thereby helping in the | | | | with state governments and all other departments of |
| promotion of India's foreign trade by implementing | | | | the Ministry of Commerce and Industry. |
| various export promotion schemes. Traders are | | | | For achieving new heights in international trade the |
| issued a unique exporter importer code number | | | | export import policy (EXIM policy) is updated by |
| necessary for import and export trade in India. The | | | | directorate general of foreign trade - DGFT India |
| strategy is to shift focus from a regulator to that of | | | | every year on 31st march and the modification, |
| a trade facilitator. Quality complaints of foreign | | | | improvements and new schemes become effective |
| buyers are also dealt with and the input output | | | | from April of each year. After 5 years the EXIM |
| norms are set. | | | | policy needs general amendments so as to improve |
| It has been a well known fact that along with | | | | the overall export and encouraging trade. The EXIM |
| incorporating the present norms it is necessary to go | | | | policy was updated by the DGFT recently in August |
| much beyond them so as to attain new heights in | | | | 2009. Online services provide the updated policy and |
| foreign trade. For this purpose the norms are | | | | the reviewed norms. Known as the New Foreign |
| reviewed every year while the EXIM (export import) | | | | Trade Policy it is valid for the period 2009- 2014. It |
| policy is reviewed every 5 years by directorate | | | | aims at stopping the declining export and doubling the |
| general of foreign trade and implemented with better | | | | export of goods and services by 2014. Thus the |
| norms. DGFT (directorate general of foreign trade) | | | | overall promotion of export has been kept the main |
| related online services available at various sites act as | | | | objective of our new foreign trade policy. |