EXPORT IMPORT POLICY: 2001-02 (EXIM POLICY)

• Quantitative Restrictions on import of 715 items lifted
• Free import of commonly used items like tea, coffee, coconuts, eggs, meat and consumer goods allowed
• Exports targeted at US $ 75 billion over next four years
• All export promotion schemes extended to agriculture products
• A new agri-exports policy on the anvil
• 100% FDI under automatic route for all manufacturing sectors
• Procedures for exports simplified
• Non-tariff barriers imposed on agricultural imports
• War room to be set up for tracking import of 300 sensitive items