Exim policy‚ 1985 and onwards Accordingly the export-import policies (Exim policy were announced by the government first in 1985 and then in 1988 for three year period. Again the exim policy was revised in 1990. All these policies made necessary for provision for extension of import liberalisation measures. All these policies made necessary provision for import of capital goods and raw materials for industrialisation of REP (Registered Exporters Policy) licenses‚ liberal import of
Premium International trade
India ’s Exim Policy : A Backdrop • The Foreign Trade Regime: Analytical Phases and Changes over Time • India ’s Exim Policy : Phases of Changes • Export Import Policy 2002-07 : Objectives • General Provision Regarding Imports and Exports • Promotional Measures • Duty Exemption / Remission Scheme • Export Promotion Capital Goods Scheme • EOUs‚ EPZs‚ EHTPs‚ STPs • Deemed Exports • Summary • Self-Assessment Questions • Further Readings INTRODUCTION :- Export-Import (EXIM) Policy
Premium International trade Free trade
UNIT 7 INDIA’S EXPORT – IMPORT POLICY India’s ExportImport Policy Objectives This unit helps you to understand : • What is trade policy • Kinds of trade policy • Phases of liberalization in trade policies in the process of economic development • Trends in India’s exim policies • Salient features of Current Export - Import Policy (2002-07) Structure 7.1 Introduction 7.2 India’s Exim Policy : A Backdrop 7.3 The Foreign Trade Regime: Analytical
Premium International trade
Fiscal Policy Lets begin with the obvious‚ Fiscal Policy is when modern government spend a great deal of money and collect a lot in taxes. The government of the United Sates plays a smaller role in the economy than those of Canada or most European countries. Those roles are still sizable‚ meaning that the government plays a major role in the U.S. economy. Changes in the federal budget changes in government spending or in tax policy can potentially have large effect on the American economy. To
Premium Monetary policy Public finance Keynesian economics
a national level‚ where Government has achieved its objective of starting the process of putting Australia back on the path of a sustainable budget. This should give business the confidence it needs to invest and innovate. But the function of fiscal policy is reduced for current Australian economy‚ because the world economies are more integrated than before‚ so the government should take another direction to recover the economy of Australian. Such as import and Export. (Words
Premium Economics Public finance Keynesian economics
PURPOSE The purpose of the assignment is to enhance learners’ understanding of how fiscal policy can be used to achieve economic goals. REQUIREMENT Discuss and evaluate how fiscal policy tools can assist in improving economic growth‚ employment and mitigate inflation. Answer Fiscal policy is a policy concerned with Government Revenues and Government Expenditures. The tools are government expenditures (G)‚ taxes (T)‚ both direct and indirect‚ deficit financing‚ i.e.‚ government
Premium Tax Macroeconomics Public finance
In economics‚ fiscal policy is the use of government expenditure and revenue collection (taxation) to influence the economy.[1] Fiscal policy can be contrasted with the other main type of macroeconomic policy‚ monetary policy‚ which attempts to stabilize the economy by controlling interest rates and the money supply. The two main instruments of fiscal policy are government expenditure and taxation. Changes in the level and composition of taxation and government spending can impact on the following
Premium Keynesian economics Inflation Public finance
nation. There are many tools to stabilize the economy and reduce the frequency and the altitude of economic fluctuations. Among these tools are the fiscal policy and monetary policy. This report discusses the fiscal policy and why the governments use this too to stabilize the economy and encounter the economic fluctuations. Definition Fiscal policy is a macroeconomic tool used by the government through the control of taxation and government spending in an effort to affect the business cycle and
Premium Public finance Macroeconomics Keynesian economics
Supplemental Unit 5: Fiscal Policy and Budget Deficits Fiscal and monetary policies are the two major tools available to policy makers to alter total demand‚ output‚ and employment. This feature will focus on fiscal policy‚ what it is and its potential and limitations as a tool with which to promote economic stability and strong growth. What is Fiscal Policy? When the supply of money is economic constant‚ government expenditures must be financed by either taxes or borrowing. Fiscal policy involves the
Premium Tax Keynesian economics Public finance
Topic 4 – Fiscal Policy Refers to the governments choices regarding the overall level of government purchases or taxes Government spending – on health sector‚ education‚ infrastructure‚ defence. Taxation policy – income tax‚ sales tax (VAT)‚ corporate tax‚ capital gains tax. Fiscal policy and aggregate demand Government spending – increase in G spending → AD shifting right e.g. Gov places £10 billion order for new school buildings → building contractor has increased demand for output
Premium Public finance Tax Monetary policy