Dibrugarh University - B.Com 4th Semester: Indian Foreign Trade and Policy Syllabus

Course No.: 403 INDIAN FOREIGN TRADE & POLICY(IFTR XV)

Marks: 80 Hours: 40

Objective: The objective of this course is to acquaint students with India’s Foreign Trade & Policy framework.

Course Contents:

UNIT-I: India’s Foreign Trade: Trends and Developments; Commodity composition and direction; India’s Foreign Trade in global context.                   20 : 10 hrs

UNIT-II: Foreign Trade Policy and control in India: Policy making body and Institutions; Exchange control in India – objectives and definition.           20: 10 hrs

UNIT-III: Import Substitution and Export Promotion Policies: Export Incentives-duty exemption schemes, EPCG, duty draw backs; Role of Commercial Banks in foreign trade; Deferred payment system; Exim Bank; Export credit insurance and ECGC.            20 : 10 hrs

UNIT-IV: Infrastructure Support for Export Promotion: Export Promotion Councils; Commodity boards/ product export development authorities; Specific service institutions; State trading organizations; Export and Trading Houses.; Export Processing Zones/Special Economic Zone (EPZ/SEZ).               20 : 10 hrs

Text and Reference Books:

1. Verma M.L.: Foreign Trade Management in India; Vikash Publishing House, New Delhi.

2. Bhashyam S: Export Promotion in India – The Institutional Infrastructure; Commonwealth Public , New Delhi.

3. Chaudhuri B.K.: Finance of Foreign Trade Foreign Exchange; Himalaya Publication, New Delhi.

4. Mahajan V.s.: India’s Foreign Trade and Balance of Payments; Deep & Deep Publications, New Delhi.

5. Export-Import Policy; 1997-2001; ministry of Commerce, Government of India, New Delhi.