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Highlights of Exim Policy

The new 5-year Export and Import policy for the period 1997-2002 aims at giving a major thrust to acceleration of India's exports through restructuring and revamping of various export promotion schemes and wide ranging measures for simplification of procedures with a view to making them more transparent and easy to administer.

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Giving relief to the industry reeling under the impact of slowdown, the government on Tuesday reduced by two percent(2%) rates of excise duty and service tax.

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