Foreign Trade Policy of India

Paper Code: 
EMI 423
Credits: 
4
Contact Hours: 
60.00
12.00
Unit I: 
Introduction to India's Foreign Trade

Trends in exports: export of principal commodities from India, import of principal commodities in India, Composition of India’s foreign trade, Direction of India’s foreign trade
Methods of exporting – Direct Exporting and Indirect Exporting
 

12.00
Unit II: 
Foreign Trade Policy and Control in India

Background, General Objectives, Highlights of the latest Foreign Trade Policy, Special Focus Initiatives, Export Procedure (in brief)
 

Unit III: 
Export Promotion Measures in India

Overview, Export Promotion Capital Goods Scheme, Market Access Initiative, Market Development Assistance, Assistance to States for Developing Export Infrastructure and Allied Activities, Deemed Exports, Duty Drawback, Procedure for claiming Duty Drawback
 

12.00
Unit IV: 
Institutional Support for Export Promotion

Export promotion councils, Commodity boards, Special Export Zones, 100%Export Oriented Units, Electronics Hardware Technology Parks, Software Technology Parks, Bio Technology Parks, Federation of Indian Export Organisations, Indian Institute of Foreign Trade, Indian Institute of Packaging, Indian Council of Arbitration, Indian Trade Promotion Organisation , Exim Bank, ECGC
 

12.00
Unit V: 
Globalisation and International Investment

Meaning of globalization, Drivers of globalisation, Multinational, Global, Transnational companies.
Meaning of international investment, Types of foreign private investment, Foreign portfolio investment, Significance of foreign investment, Factors affecting international investment.
 

References: 

Text Book:

  1. Verma M.L. Foreign Trade Management in India. Vikas Publishing House, New Delhi.

Other readings:

 

  1. Bhashyam S:Export Promotion in Indian-The Institutional Infrasturcture, Commonwealth Pub. New Delhi.
  2. Chaudhuri B.K. Finance of Foreign Trade and Foreign Exchange; Himalaya Publication, New Delhi.
  3. Mahajan V.S. : India's foreign Trade and Balance of Payments; Deep & Deep Publications, New Delhi.
  4. Varshney R.L.: India's Foreign Trade; Mahal, Allahabad.
  5. Export-Import Policy, 1997-2003; Ministry of Commerce, Government of India, New Delhi.