India’s Foreign Trade Policy

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

10.00
Unit I: 
India’s foreign trade

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

15.00
Unit II: 
Export-Import Trade regulatory Framework

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

14.00
Unit III: 
Institutional infrastructure for Export promotion

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

11.00
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 )

10.00
Unit V: 
Patterns and trends

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
References: 
  • 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: 
2016-2017
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