EXPORT FINANCE & PROCEDURE

Paper Code: 
IBG-617 A
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Outcome (COs):

               Course Outcomes

Learning and teaching strategies

Assessment Strategies

On completion of this course, the students will be able to:

CO 137: Understand   the meaning and procedure of pre shipment finance along with the concepts of turnkey projects and joint ventures.

CO 138: Infer   the meaning and procedure of  post shipment finance along with various related concepts.

CO 139: Acquaint with various   exchange control regulations concerning imports and methods of import finance.

CO 140: Gain understanding about various export promotion measures available from government, RBI etc.

CO 141: Enhance their knowledge  about various  boards& councils helping specific industry exports.

 

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments.

 

Learning activities for the students:

Self-learning assignments, Effective questions,

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

 

9.00
Unit I: 
Pre-shipment Finance:

Meaning, Procedure of Pre shipment Finance, Deferred Payment Exports, Buyers credit , EXIM banks Buyers credit scheme, Suppliers credit, Turnkey projects, Joint ventures abroad

9.00
Unit II: 
Post Shipment Finance:

Meaning, Procedure of Post shipment Finance, GR form, permissible deductions, irregular documents, direct and indirect bills, exports on consignment documentation, overdue bills, re import of unsold goods, lost shipment

9.00
Unit III: 
Import finance:

Exchange control regulations concerning imports, methods of import finance- under letter of credit, against bills under collection, imports against deferred payment, under foreign credit, import loans by EXIM bank of India.

9.00
Unit IV: 
Export promotion Incentives:

Export Promotion measures.Role of Government- cash assistance, duty drawback. RBI- Duty drawback Credit Schemes- Pre-shipment, Export Bills Credit Scheme.EXIM bank-Long term Finance Guarantees, Refinancing of Export Credits.Export Promotion Institutions- Export Promotion Council, Commodity Boards.

9.00
Unit V: 
A brief study of boards& councils Helping specific industry exports:

Agricultural and Processed food products export development authority, Apparel export promotion council, carpet export promotion council, cotton textile export promotion council, Handloom export promotion council.

Essential Readings: 

• Agarwal & Chaudhari, Foreign Trade and Foreign Exchange, Himalaya Publishing house, New Delhi.
• Acharya & Jain , Export Marketing , Himalaya Publishing house, New Delhi.
• N P Subba Rao : International Business(Text and Cases) , Edition 4, Himalya Publication House, Mumbai

References: 

SUGGESTED READINGS:

  • Export Import procedures and documentation, IGNOU IBO- 04
  • Nabhis Export Manual for 100% Export Units Special Economic Zones, EHTP, STP and BTP Units Published by Nabhi Publications.

E-RESOURCES:

  • International Financial Management, Apte, McGraw Hill Education

https://www.expresslibrary.mheducation.com/bookshelf

JOURNALS:

  • Indian Journal of Finance

 

ACADEMIC YEAR: 
2022-2023
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