India’s Foreign Trade Policy

Paper Code: 
MIB 322
Credits: 
4
Contact Hours: 
60.00
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.

Unit I: 
India’s foreign trade:

- Composition, Trends and direction of foreign trade, India’s foreign trade in global context, Major problem of India’s export sector, India and World trade

Unit II: 
Export-Import Trade regulatory Framework:

Foreign trade(Development and regulation) Act, FEMA, The customs Act, Export( Quality control and inspection) Act, Foreign Trade Policy

Unit III: 
Institutional infrastructure for Export promotion

EPC, Commodity Boards, IIFT, EXIM Bank, EIC, IIP, DGFT, ECGC, EPGC (functions only)

Unit IV: 
Export promotion:

Export promotion: Measures, EOUs, EPIP, SEZ, Export Houses
Import substitution and Export promotion policies, Duty exemption schemes, Duty drawbacks, Deferred payment system
Export promotion in India (brief )

Unit V: 
Patterns and trends

- Textiles and garments, Gems and Jewellery, Handicrafts, carpets and spices.
Social Responsibility and Business Ethics in International Business context and Issues in world trade.

Essential Readings: 

• Jain and Singh., “Modern International Business”, Regal Publications, New Delhi.2007
• Chaudhary B K & Agarwal O P., “Foreign trade and Foreign exchange”, Himalaya Publishing House, New Delhi.
• Rathor B S & Rathor J S, “Export Marketing”, Himalaya Publishing House, New Delhi.43rd edition
• Parasram “Export-What, Where and How”. Anupam Publications, New Delhi 37th edition
• Mathur S K, “International Finance and Foreign Trade”. Shivam Publication, Jaipur 2004
• Mathew M J., “Management of Export Marketing”, RBSA publishers, Jaipur. 1st edition
• IGNOU-IBO OB., “India’s Foreign Trade”.

ACADEMIC YEAR: 
2018-2019
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