HIGHLIGHTS OF ANNUAL SUPPLEMENT 2010-11 TO FOREIGN TRADE POLICY (FTP) 2009-14

摘要

Shri Anand Sharma, Minister of Commerce and Industry while announcing the annual supplement 2010-11 to the Foreign Trade Policy 2009-14 stated that, "We are on course to achieve the export target of USS 200 biUion in the fiscal year 2010-11 and over the remaining 3 years of the Policy, we should be able to come back on the high export growth trajectory of 25% per annum and by 2014, we expect to double India's exports of goods and services." Following are the Highlights of the Annual Supplement. Additional benefit of 2% bonus, over and above the existing benefits of 5% / 2% under Focus Product Scheme, allowed for about 135 existing products, which have suffered due to recession in exports. Major sectors include all Handicraft items. Silk Carpets, Toys and Sports Goods (all of which were earlier eligible for 5% benefits); Leather Products and Leather Footwear, Handloom Products and Engineering Items including Bicycle parts (all of which were earlier eligible for 2% benefit).