Following are the highlights of the Annual Supplement 2006 to the Foreign Trade Policy unveiled by Commerce and Industry Minister Kamal Nath on Friday.
Exports cross $100 bn to touch $101 bn in FY'06
Imports increase to $140 bn
Vishesh Krishi Upaj Yojna (VKUJ) expanded
VKUJ to cover village and cottage industries
Target Plus Scheme scrapped
Focus Product & Focus Market schemes introduced
Precious metal & stones imports to be made easier
Import of new vehicles by component mfrs made easier
Clear guidelines for import of GM crop inputs
Food supplies to internat'l flights treated as exports
Advance Licensing and DFRC schemes clubbed
New scheme called Duty Free Import Authorisation scheme
Export Promotion Credit Guarantee scheme made flexible