Lok Sabha Question No. 3164 (UNSTARRED), answered on 2016-12-05
Subject: Products included in Export List
Ministry: COMMERCE AND INDUSTRY
Asked by: NARANBHAI KACHHADIA

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY (DEPARTMENT OF COMMERCE)

## LOK SABHA UNSTARRED QUESTION NO. 3164 (H) TO BE ANSWERED ON 05 th  DECEMBER, 2016

## PRODUCTS INCLUDED IN EXPORT LIST

## 3164(H). SHRI NARANBHAI KACHHADIYA:

Will the Minister of COMMERCE & INDUSTRY ( वाͨणÏय एवं उɮयोग मंğी ) be pleased to state:

- (a) the details of the goods included under Indian Exports at present;
- (b) the details of the other goods included under the Exports head during the last three years; and
- (c) the steps taken by the Government to further diversify the list of goods under the Exports head?

## ANSWER

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## THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (INDEPENDENT CHARGE) (SMT. NIRMALA SITHARAMAN)

(a) All goods can be exported barring a few, which are prohibited/restricted under the Foreign Trade Policy and listed under ITC(HS) Classification of  Export and Import. The complete list is available on the website of DGFT (www.dgft.gov.in). The prohibition/restriction on export is to ensure (i) availability of the commodities for domestic use/consumption at reasonable prices (ii) to  safeguard  natural  resources  &  environment  and  (iii)  to  take  care  of  proliferation  concerns.

(b) Review of export/import policy is a continuous process undertaken by the Government from time  to  time  in  consultation  with  the  concerned  administrative  Ministries  /  Departments, keeping in view the availability of the products, their prices in the domestic and international market and various other factors and need based policy decisions are taken from time to time in this regard.

(c) The Government has taken various measures to diversify and boost exports from India, which includes;

- (i) Merchandise Exports from India Scheme (MEIS) was included under Foreign Trade Policy  (FTP)  2015-20  w.e.f.  April  1,  2015  as  a  major  export  promotion  scheme implemented  by  the  Ministry  of  Commerce  and  Industry  with  an  objective  to incentivize export of  merchandise  which  are  produced/manufactured  in  India. Rewards under MEIS are payable as a percentage of realized FOB value of exports of notified  product  /  tariff  lines,  by  way  of  the  MEIS  duty  credit  scrip,  which  are transferable and can also  be  used  for  payment  of  a  number  of  duties  including  the basic customs duty.  As of now 7914 tariff lines at 8 digit ITC (HS) Codes have been covered  under  MEIS  scheme  to  diversify  goods  and  market  and  to  extend  the coverage across the globe.   For the fiscal year 2016-17, Rs. 23,500 Crore have been allocated for MEIS incentives.
- (ii) Interest Equalization Scheme has been introduced  w.e.f. 01.04.2015 for  five years with an objective to provide affordable credit to exporters to enable them  to be more competitive.  The scheme is available to 416 specified tariff lines and  exports made by manufacturing Micro, Small and  Medium  Enterprises (MSME)  across  all ITC(HS) Codes. The rate of interest equalization is 3 % per annum.
- (iii)In  addition,  the  FTP  2015-2020  provide  support  for  manufacture  and  export  of commodities. Under Duty Exemption Scheme, duty free import of inputs can be made for manufacturing and exports.  Under the Export Promotion Capital Goods Scheme, capital goods can be imported at zero percent duty linked to export performance to be achieved  within  six  years  from  the  date  of  imports.  A  manufacturer  setting  up  an Export Oriented Unit (EOU) for exports also has access to duty free imports of raw material and capital goods.
- (iv) Various  Export  Promotion  Councils  and  Commodity  Boards  also  make  efforts  in promotion of  export of their commodities including diversification.