Question : IMPACT OF NEW EXIM POLICY ON EXPORTS



(a) the impact of the New Exim Policy on our exports;

(b) the value of exports made in the various sectors from 1 April, 2000 to till date;

(c) whether there has been an increase in exports to the countries having uniform currency;

(d) if so, the details thereof; and

(e) the steps proposed to be taken to bolster the exports?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI OMAR ABDULLAH)

(a) The revised EXIM Policy (RE-2000), 1997-2002 was notified on 31.3.2000 wherein, the Government had announced various measures to promote exports. These include setting up of Special Economic Zones, rationalisation of existing export promotion schemes (EPCG & Duty Exemption/Remission Scheme), encouragement to export of quality/branded goods, procedural simplification, decentralisation of decision making and reduction of interface between exporters and government organisations through the facility of electronic filing of application at several port offices. The exports have registered a growth of 22.04% during April-September, 2000 in Dollar terms and 26.67% during April-Sept, 2000 in rupee terms over the corresponding period last year.

(b) to (d) As per the available data, there has been increase in exports in some of the major sectors during April-March,2000 over April-March, 1999 which is as follows:

Product	April-March, 1999	April-March, 2000	(in US$ million)	(in US$ million)
Chemicals and related products 4164.81 4734.63 Engineering goods 3804.83 4372.55 Textiles 8322.77 9253.36 Gem & Jewellery 5929.35 7636.04 Handicrafts 633.11 670.29 Carpet 543.54 606.39 Marine products 1038.39 1180.11
(e) The Government proposes to take various steps to reduce transaction time and cost of the exports and bring about procedural simplifications through introduction of Electronic Data Interchange.