Indian Fiscal Budget 1997-98: EXIM POLICY 1997-2002


2.1 The principal objectives of this Policy are:

(i)To accelerate the country's transition to a globally oriented vibrant economy with a view to derive maximum benefits from expanding global market opportunities.

(ii)To stimulate sustained economic growth by providing access to essential raw materials, intermediates, components, consumables and capital goods required for augmenting production.

(iii) To enhance the technological strength and efficiency of Indian agriculture, industry and services, thereby improving their competitive strength while generating new employment opportunities, and encourage the attainment of internationally accepted standards of quality.

(iv)To provide consumers with good quality products at reasonable prices.

2.2 The objectives will be achieved through the coordinated efforts of all the departments of the government in general and the Ministry of Commerce and the Directorate General of Foreign Trade and its network of Regional Offices in particular, with a shared vision and committment and in the best spirit of facilitation, in the interest of export promotion.

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