New Foreign Trade Policy: 2009-14

1.Focus Market Scheme & Focus Product6. Duty drawback for gold jewellary export has been
Scheme has been more attractive. 26 new marketsintroduced. Import of diamonds allowed for grading
has been added to the scheme. Incentive in FMS hasand certification.
been increased to 3% from the present 2.5%. A7. Emphasis of export growth on employment
large number of products has been included in thegenerating sectors like textile, processed foods,
Focus Product Scheme and the incentive has beenleather, gems & jewellary, tea, handloom etc.
increased to 2% from the present 1.25%. Market8. Some benefits given to EoU Sector.
Linked Focus Product Scheme has been expanded.9. Minimum value addition of 15% prescribed in
2. Zero duty EPCG scheme has been introduced.Advance authorization scheme.
3. Additional duty credit of 1% has been introduced10. Certain measures to provide flexibility to the
for status holder for specified sector. The credit canexporter has been provided. Now debit in DFIA
be utilized for import of capital goods on actual useradvance authorization/EPCG is allowed for payment
condition.of custom duty on shortfall of export obligation.
4. Duty credit scrip issued under VKGUY has beenRestricted items shall be allowed under transferred
made transferable, subject to the condition that itDFIA as DFRC earlier. Transit loss claim received from
can be transferred to status holders only for importinsurance companies is allowed export obligation.
of cold chain equipments.11. Effort has been made to reduce the transaction
5. DEPB has been extended till 31.12.2010.cost.