Home India Ministry of Commerce and Industry Amendment in Appendix 2T in Appendices and Aayat Niryat Form...
Date: 2015-10-01 Category: Extra Ordinary State: Union Government Country: India

Amendment in Appendix 2T in Appendices and Aayat Niryat Forms of FTP 2015-20.

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

**Executive Summary:** This public notice, issued by the Directorate General of Foreign Trade on October 1, 2015, amends Appendix 2T of the Foreign Trade Policy 2015-2020. The amendment involves changes to the export promotion responsibilities for certain oilseeds and related products, specifically shifting the responsibility for sesame seed and niger seed from SHEFEXIL to IOPEPC. This change aims to streamline and clarify export promotion efforts for these commodities. **Key Points / Main Content:** * **Amendment Overview:** * Appendix 2T of the Foreign Trade Policy (FTP) 2015-2020 is modified. * The modification is enacted under paragraph 2.04 of the Foreign Trade Policy 2015-2020. * **Changes in Export Promotion Responsibilities:** * Sesame seed and Niger seed export promotion responsibility is transferred from Shellac and Forest Products Export Promotion Council (SHEFEXIL) to Indian Oilseeds and Produce Export Promotion Council (IOPEPC). * Details of existing and revised products for export promotion councils are listed. **Impact Analysis** * **Indian Oilseeds and Produce Export Promotion Council (IOPEPC):** * *Impact:* Increased responsibility for export promotion of sesame seed and niger seed, in addition to their existing portfolio of oilseeds, oils, and related products. * *Action Required:* Integrate sesame seed and niger seed into their export promotion strategies and activities. * **Shellac and Forest Products Export Promotion Council (SHEFEXIL):** * *Impact:* Reduced responsibility as the export promotion of sesame seed and niger seed is no longer under their purview. * *Action Required:* Adjust their export promotion strategies to reflect the change in responsibilities and focus on remaining products. * **Exporters of Sesame Seed and Niger Seed:** * *Impact:* Changes in the relevant export promotion council for these products. * *Action Required:* Direct engagement related to export promotion should now be with IOPEPC instead of SHEFEXIL.

Key Entities Referenced

Foreign Trade Policy 2015-2020: A government policy document related to foreign trade. Directorate General of Foreign Trade: The agency responsible for modifications to Appendix 2T of the Foreign Trade Policy. Appendix 2T: An appendix within the Appendices and Aayat Niryat Forms of the Foreign Trade Policy 2015-2020. Indian Oilseeds and Produce Export Promotion Council (IOPEPC): An export promotion council responsible for oilseeds and produce exports. Shellac and Forest Products Export Promotion Council (SHEFEXIL): An export promotion council dealing with shellac and forest products. Sesame seed: A commodity, the export promotion responsibility of which is being shifted. Niger seed: A commodity, the export promotion responsibility of which is being shifted. Anup Wadhawan: Director General of Foreign Trade.
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