What are the impacts of EXIM policy?
(f) Impact on Self-Reliance:- The Exim Policy has achieved this by encouraging domestic sourcing of raw materials, in order to build up a strong domestic production base. New incentives added in the Exim Policy have also added benefits to the exporters.
What are the objectives of EXIM policy in India?
Objectives of Exim Policy : To facilitate sustained growth in exports from India and import in India. To stimulate sustained economic growth by providing access to essential raw materials, intermediates, components, consumables and capital goods scheme required for augmenting production and providing services.
Why was the EXIM policy framed?
As you already know that the EXIM policy is regulated by the Foreign Trade Development and Regulation Act, 1992. The main objective of this act is to provide the development and regulation of foreign trade by facilitating imports into and augmenting exports from India.
What is the current EXIM policy?
The current policy will now be valid upto September 30. The foreign trade policy (FTP) outlines government strategies and steps to promote domestic production and exports with the objective of driving economic growth. It projects a 7.3% growth for India in 2021.
Who was pronounced the new Exim Policy of India?
V. P. Singh, the then Commerce Minister and pronounced the new Exim Policy of India on the 12th of April, 1985. Primarily the Export-Import Policy of India was launched for the period of three years with main intention to boost the export business in India.
What is the full form of FTZ?
Free-trade zone, also called foreign-trade zone, formerly free port, an area within which goods may be landed, handled, manufactured or reconfigured, and reexported without the intervention of the customs authorities.
Who regulates Exim Bank?
RBI
What is the main function of Exim Bank?
1 Export-Import Bank of India (Exim Bank) was set up by an Act of the Parliament “THE EXPORT-IMPORT BANK OF INDIA ACT, 1981” for providing financial assistance to exporters and importers, and for functioning as the principal financial institution for co-ordinating the working of institutions engaged in financing export …
Who regulates sidbi?
the Reserve Bank of India
Who regulates NHB?
Reserve Bank of India
Who regulates NHB in India?
Who regulates HFC in India?
Reserve Bank of India (RBI)
Who is the CEO of NHB?
Dakshita Das (Aug 2018–)
Is NHB under RBI?
NHB is wholly owned by Govt. of India as after 24 April 2019 notification of RBI, which contributed the entire paid-up capital. The general superintendence, direction and management of the affairs and business of NHB vest, under the Act, in a Board of Directors. The Head office of NHB is at New Delhi.
Is NHB a NBFC?
1. “Housing finance company” shall mean a company incorporated under the Companies Act, 2013 that fulfils the following conditions: It is an NBFC 1 whose financial assets, in the business of providing finance for housing, constitute at least 60% of its total assets (netted off by intangible assets).
Who is the present chairman of sidbi?
S Ramann
Which NBFC comes under RBI?
Housing Finance Companies, Merchant Banking Companies, Stock Exchanges, Companies engaged in the business of stock-broking/sub-broking, Venture Capital Fund Companies, Nidhi Companies, Insurance companies and Chit Fund Companies are NBFCs but they have been exempted from the requirement of registration under Section 45 …
How many HFCs are there in India?
| S.No. | Name of the HFC |
|---|---|
| 1. | Magma Housing Finance Limited (Formerly, GE Money Housing Finance) |
| 2. | Prosper Housing Finance Limited (Formerly, HBN Housing Finance Limited) |
| 3. | Indiabulls Housing Finance Limited |
| 4. | India Home Loan Limited |