Foreign Trade Policy of India (Functional Electives International Business)

Paper Code: 
MBI- 421
Credits: 
4.0
Contact Hours: 
40.00
Max. Marks: 
100.00
Objective: 
  • Paper has been designed such that it acquaints the students with the recent trends in India’s foreign trade and policy related issues in foreign trade in the global context.
7.00
Unit I: 
Introduction to India's Foreign Trade

Trends and developments; Commodity composition and direction, India's foreign trade in global context.

9.00
Unit II: 
Foreign Trade Policy and Control in India

Policy making body and institutions; Exchange control in Institutions; Exchange control in India-objectives and definition. Key features of latest Foreign Trade Policy.

9.00
Unit III: 
Import Substitution and Export Promotion Policies

Export Incentives-duty exemption schemes, EPCG, Role of commercial banks in foreign trade; Deferred payment system; EXIM Bank; Export credit insurance and ECGC

10.00
Unit IV: 
Infrastructure Support for Export Promotion

Export promotion councils, Commodity board/Products export development authorities; State trading organizations Export and Trading Houses; Export Processing Zones/Special Economic Zone (EPZ/SEZ); Export Oriented units (EOUs); Electronics hardware technology park (EHTPs).

5.00
Unit V: 
Foreign Investment Policy

Indian Joint ventures abroad Multilateralism and Bilateralism in India's foreign trade

Essential Readings: 
  • Verma M.L. Foreign Trade Management in India. Vikas Publishing House, New Delhi.
References: 
  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 & Deeop Publications, New Delhi.
  4. Vershney R.L.: India's Foreign Trade; Mahal, Allahabad.
  5. Export-Import Policy, 1997-2003; Ministry of Commerce, Government of India, New Delhi.