Question

what are the highlights of recent EXIM policy of india​

Answer 1

Answer:

The Exim Policy destroyed all QRs with adequate safeguards to domestic industries, introduced new market access initiatives, and mooted the agri-economic zones and drastically simplified procedures.

Explanation:

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Answer 2

Answer:

100% EOU units have been allowed facility of supply of spares/ components up to 2% of the value of the manufactured articles to a buyer in domestic market for the purpose of after sale services. At present, in a period of 5 years EOU units have to achieve Positive Net Foreign Exchange Earning (NEE) cumulatively.