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| Export
Promotion Policy for Karnataka
(2002-2007) |
| I.
PREAMBLE: |
| 6. |
The
twin forces of liberalization of Indian economy with opening
up of the Indian market and globalisation i.e. greater integration
of the Indian economy with the global economy, poses several
challenges as well as opportunities. The entire world today
is one market place. The defining principle of international
trade today is competitiveness. The future of exports for
Karnataka will be predicted upon an intense interplay between
the domestic policy environment and the enormous external
trading opportunities. Under the multilateral trading regime,
the ability of the State to sieze the opportunities that
are opening up in the global market will be driven primarily
by the primacy of technology in domestic industry, price
and quality competitiveness and achieving global standards
in products and processes. The principles of National Treatment
and Most Favoured Nation governing the WTO regime will require
the domestic export community to aggressively compete with
its counter parts in the rest of the world. |
| 7. |
The EXIM policy of the Govt. of India provides a national
policy framework. At the same time, the State Govt. needs
to provide focused facilitation to enable rapid growth of
exports from Karnataka in sectors in which the State enjoys
competitive advantages. It is in this context that a policy
framework to give impetus to establishing best practices,
providing for capacity building and facilitating quality
and competitiveness of domestic exporters becomes critical.
|
| II.
MISSION |
| 8. |
Karnataka’s mission statement on exports is to facilitate
the rapid and sustained growth of exports from Karnataka and
to increase Karnataka’s share in all India exports from
the present level of 7% to 15% by 2007. This will be achieved
by:
| i) |
Providing
an effective, proactive and supportive Institutional
mechanism for the rapid growth of exports. |
| ii)
|
Operationalising
sustainable medium term Export Promotion Sectoral Strategies. |
| iii) |
Building effective and competitive export Infrastructure. |
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