India’s Foreign Trade Policy

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

Export-Import Trade regulatory Framework: Foreign trade(Development and regulation) Act, FEMA, The customs Act, Export( Quality control and inspection) Act, Foreign Trade Policy

Institutional infrastructure for Export promotion: EPC, Commodity Boards, IIFT, EXIM Bank, EIC, IIP, DGFT, ECGC, EPGC (functions only)

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 )

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.