THE FOREIGN TRADE POLICY 2015-2020 – HIGHLIGHTS

  Export from India Schemes: 1.             Merchandise Exports from India Scheme (MEIS) (a)          Earlier there were 5 different schemes (Focus Product Scheme, Market Linked Focus Product Scheme, Focus Market Scheme, Agri. Infrastructure Incentive Scrip, VKGUY) for rewarding merchandise exports with different kinds of duty scrips with varying conditions (sector specific or actual user only) attached … Read more

The registration requirement for export of cotton (Tariff Codes 5201 & 5203) has been dispensed

To be published in the Gazette of India Extraordinary Part II Section 3, Sub Section (ii)   Notification No. 102 (RE-2013)/2009-14 New Delhi, Dated 8 December, 2014     2. The existing entries stipulated against Sl. No. 197 & 199 in Chapter 52 of Schedule 2 of ITC(HS) Classification of Export & Import Items are … Read more

Fifth Bi-Monthly Monetary Policy Statement, 2014-15 By Dr. Raghuram G Rajan, Governor

Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent; keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net demand … Read more