ANNOUNCEMENT 05 Jun 2012

In June 2012, the government of India announced a change in financial export support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



PUBLIC NOTICE No. 3 (RE2012)/2009-14
http://dgft.gov.in/Exim/2000/PN/PN12/pn0312.htm

Official Press release
http://pib.nic.in/newsite/erelease.aspx?relid=84696


Inception date: 05 Jun 2012 | Removal date: 05 Apr 2015

Export subsidy

 On 5 June 2012, the Indian Ministry of Commerce and Industry through Public Notice No. 3 (RE2012)/2009-14 notified the following amendments in the export incentive schemes of the Foreign Trade Policy 2009-14 as part of the Annual Supplement to the Trade Policy.
 

  • 7 markets have been added to the Focus Market Scheme and 7 to the Special Focus Market Scheme , incentivizing exports to these markets
  • 46 products have been added to the Market Linked Focus Product Scheme
  • Incentives for exports of readymade garments to EU and the USA have been extended from 31 March 2012 to 31 March 2013
  • 110 products have been added to the Focus Product Scheme, incentivizing the exports of these products
  • 9 products under the FPS are provided an additional 2% bonus incentive
  • The rate of incentive for 32 products under FPS has been increased from 2% to 5%
  • 2 products have been added to the Vishesh Krishi and Gram Udyog Yojana and 5 products have been deleted
  • 3 towns have been notified as Towns of Export Excellence, two for textiles and one for handicrafts

 
The measure is effective from date of issue of the Circular. The measure was removed in April 2015 with the implementation of the newIndian Foreign Trade Policy of 2015 (see related measure).

AFFECTED SECTORS

 
014 019 162 214 216 239 250 265 266 271 273 279 281 282 292 296 341 342 347 352 354 362 364 371 373 379 381 383 389 391 411 412 415 429 431 432 433 439 441 444 445 449 451 452 463 464 465 469 473 474 491 492 499
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AFFECTED PRODUCTS

 
120740 120750 120770 120799 130211 130219 130232 130239 151620 200811 200819 200899 210610 210690 240110 240120 240130 250100 281700 282580 282590 283321 283325 283329 283330 283340 283620 283630 283650 290511 290512 290513 290514 290517 290519 290522 290529 290531 290539 290544 290549 290559 291419 291423 291429 291439 291440 291450 291469 291470 291711 291713 291719 291733 291734 291735 291736 291737 291739 292412 292419 292421 292429 293311 293319 293321 293329 293331 293332 293339 293349 293359 293369 293371 293379 293391 293399 300310 300320 300339 300340 300390 300410 300420 300431 300432 300439 300440 300450 300490 300610 300650 300660 330124 330125 330129 330130 330190 350211 350219 360500 381511 381512 381519 381590 390720 390730 390740 390750 390760 390791 390799 392310 392321 392329 392330 392340 392350 392390 400110 400121 400122 400129 400700 400811 400819 400821 400829 401691 401693 401695 401699 420211 420212 420221 420222 420229 420231 420232 420239 420291 420292 420299 500710 500720 500790 520811 520812 520813 520819 520821 520822 520823 520829 520831 520832 520833 520839 520842 520843 520849 520852 520859 520911 520912 520919 520921 520922 520929 520931 520932 520939 520941 520942 520949 520951 520959 521011 521039 521111 521139 521142 521149 521211 521212 521213 521214 521215 521223 521224 521225 560749 560750 560790 560811 560819 560890 560900 581010 581091 581092 581099 600621 600622 600623 600624 600631 600632 600690 610413 610419 610422 610423 610429 610432 610442 610443 610444 610449 610452 610453 610462 610463 610469 611710 621410 621420 621430 621440 621490 630210 630221 630222 630231 630232 630239 630251 630253 630259 630260 630291 630299 630391 630392 630399 630419 630491 630492 630493 630499 630710 630790 640610 640690 681510 681599 690210 690220 690290 700910 700992 701120 701310 701349 701399 701810 701890 702000 720211 720219 720221 720229 720230 720241 720249 720270 720299 730411 730419 730423 730424 730429 730431 730439 730441 730449 730451 730459 730490 730611 730619 730629 730630 730640 730650 730661 730690 730711 730719 730721 730722 730723 730729 730791 730792 730793 730799 731420 731811 731814 731815 731816 731819 731821 731822 731824 731829 732393 732394 732399 732510 732591 732599 740811 740819 740821 761610 761699 821520 821599 830120 830140 830160 830170 830210 830220 830230 830241 830242 830249 830250 830510 830520 840991 840999 841319 841320 841330 841340 841350 841360 841370 841381 841382 841391 842119 842121 842123 842129 842131 842139 842191 842199 844311 844316 844317 844319 844339 844391 844399 847141 847149 847150 847160 847170 847180 847190 847290 847329 847330 847340 847350 847410 847420 847431 847432 847439 847480 847490 847910 847920 847940 847960 847981 847982 847989 847990 848310 848320 848330 848340 848350 848360 848390 850680 851220 851230 851290 851840 851890 854411 854419 854420 854430 854442 854449 854460 854470 870110 870120 870190 870210 870290 870321 870322 870323 870324 870331 870332 870333 870390 870410 870421 870422 870423 870431 870432 870490 870810 870821 870829 870830 870840 870850 870870 870880 870891 870892 870893 870894 870895 870899 871110 871120 871130 871190 871410 871420 871491 871493 871496 871499 920600 940310 940320 940340 940350 940360 940389 940390 940429 940490 940510 940520 940540 940550 940599 961390 970500
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