Export amp Import Business Under Niryat Bandhu Scheme BASIC INFORMATION DR VIJAYA KATTI PROFESSOR amp chairperson MDPs INDIAN INSTITUTE OF FOREIGN TRADE NEW DELHI N i r y a t B a n d h u ID: 477255
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Online Certificate Program InExport & Import Business : (Under Niryat Bandhu Scheme)BASIC INFORMATION
DR. VIJAYA KATTI
PROFESSOR & chairperson (MDPs)
INDIAN INSTITUTE OF FOREIGN TRADE
NEW DELHISlide2
N i r y a t B a n d h u@Your Desktop
Empowering Entrepreneurs Creating Exporters
Online Certificate Program
In
Export & Import Business
Directorate General of Foreign Trade
Indian Institute
of
Foreign Trade
in collaboration withSlide3
Niryat Bandhu SchemeNiryat Bandhu Scheme is an initiative of Government of India for mentoring first generation entrepreneurs in the field of international trade by reaching out to them through training programs, counselling sessions and
facilitation.
Online
Certificate program is aimed at reaching out to the prospective exporters at their desktop.Slide4
About DGFTDIRECTORATE GENERAL OF FOREIGN TRADE (DGFT) is an attached office of the Ministry of Commerce and Industry and is headed by the Director General of Foreign Trade. As part of FT 2015-20, Department of Commerce has decided to galvanize Niryat Bandhu Scheme and reposition to achieve the objectives of “Skill India”.It is expected that this online Certificate Program in Export & Import Business will significantly help Small & Medium Scale Enterprises in employment generation
and improving
their business turnover
.Slide5
About IIFTDGFT has collaborated with the INDIAN INSTITUTE OF FOREIGN TRADE (IIFT) to bring this unique program. IIFT was set upon 2nd of May 1963. Today, it has evolved into a world class Institute which encompasses the full spectrum of International Business Management and Strategy, through its focus on the three pillars of Research, Training and Education.Slide6
Who can attend?EntrepreneursExporters / ImportersEmployees of export house/status holdersAnyone with interest in Exports recommended by Regional Authority of DGFTSlide7
What is the benefit?Know the basics of export import BusinessStepping stone to become an exporter in 20 daysSlide8
Where to attend? In the comfort of your homeDirect live broadcastAvailable on your DesktopHelp Desk through Online ChatLive Q & A sessionsSlide9
Duration of program20 SessionsFive days a week.6 pm to 8 pm.60 participants per batchSlide10
Program FeeTotal Fee Rs. 25, 000Participants to pay Rs. 15,000 onlyBalance to be borne by DGFTSlide11
How to Apply?Fill the online form at :http://niryatbandhu.iift.ac.in/ Slide12
Who is offering this program? Government of IndiaDirectorate General of Foreign TradeMinistry of Commerce and Industryhttps://dgft.gov.inIndian Institute of Foreign TradeB-21 Qutab Institutional AreaNew Delhi -110016http://www.iift.eduSlide13
Registration Opened on :15th September 2015Classes Began from: 1st week of October 2015Slide14
Contents of the ProgramSlide15
Session 1: Introduction to Export/Import, Assessing export readiness of your firmCoverageWhat is meant by exports? Legal definitionWhy to export? Who can export?
How to assess your export readiness (questionnaire…) Slide16
Session 1 contd…: Knowledge about international marketsCoverageIntroduction to international market in the context of export-import with specific reference to India Rich heritage of various state – Natural endowmentProduct specific specialties
Demand of pattern of specific export market in specific products.
Tariff and non tariff barriers in international marketSlide17
Session 2 : Basic steps for ExportingCoverageGuidelines for prospective entrepreneur.Preparing the export plan.
Applying for IEC Code – Online or Offline
Understanding the purpose and procedure
of various Incoterms for an international trade transaction and for decreasing the responsibilities and obligations of exporter.Choosing the right shipping term keeping in mind the mode of payment affecting the responsibilities and obligations of exporter.
Understanding
requirements of state government.Slide18
Session 3: How to Access MarketsCoverageUsing trade data to identify the products with export potential Adapting your product to meet government regulations, country conditions, or preferencesModifying your product labeling and packaging
Planning for installation of your product overseasSlide19
Session 3 contd.: How to find buyers?CoverageMarketing Strategy, Channel partners, Finding the Buyers & KYCWhat is negotiation? Role of negotiation in business. How to convert buyers " No" to 'Yes"How to price the product? Case study about the pricing.How to draft a contract in International trade.Dispute Resolution in contractSlide20
Session 4 : Sources of International market data (Online & Offline)CoverageStep by step process flow and business decision indicatorsSources of trade data collation followed by hands on experience of downloading the trade dataAnalyzing the data to apply it in real life business through mock case situationsSlide21
Session 5 : Foreign Trade Policy (2015:2020): Major highlightsCoverageForeign Trade Policy (2015-2020) – Major highlights DGFT and export promotion --- Role of RA, EPCs and RCMC Interface with Airports, Ports, ICDs, SEZs, ICE GATESlide22
Session 5 contd.. : Export: Import IncentivesCoverageObjectives of Export Promotion SchemesMEISSEIS
Duty Exemption and Remission Scheme
EPCGSlide23
Session 6 : Introduction to ITC(HS) Codes. How to get IEC CodeCoverageWhat is an IEC? How to get an IEC online?
How to make changes in IEC? Slide24
Session 6 contd…CoverageWhat is the basis of classification of policyWhat is ITC (H S) CODE
What is product grouping
How to identify the product
Case Study pertaining to the aboveSlide25
Session : 7CoverageINCOTERMS 2010 - Choosing the right delivery termSlide26
Session : 8CoverageIncorporating Sales Contract termSlide27
Session 9 : Export DocumentationCoverageUnderstanding the role of trade documentation & procedure in international trade transactions.Knowing what are the documentation practices & procedure in India for
making export/import from the country.
Understanding the commercial and regulatory documentation practices in order to avoid any kind of non-compliance in international documents which may result in penalty or loss of incentives or benefits such as duty drawback.Slide28
Session 10 : Customs and Excise interfaceCoverageExcise & Customs Interface.Online filing of custom documents.Ease for doing exports.Factory Stuffing / Excise Sealing / Self Sealing Permission for container stuffing.Various Checkpoints to avoid hassles.Slide29
Session : 11CoverageUnderstanding Logistics Value Chain in Export operationsSlide30
Session 12 : Letter of Credit and implication of UCP: 600 rulesCoverageManagement of international payments to ensure full and on-time paymentsLetter of CreditImplication of UCP-600 rules. Slide31
Session 13 : Risk Management CoverageWhat is Risk? Various types of Risks in trade- specially International tradeRisk Management viz. Identification , quantification, analysis, & transfer of riskWhat is credit & sovereignty riskRole of ECGC & Credit risk agencies in the promotion of Export TradeProcedures & settlement of claimsSlide32
Session 14 : Understanding RBI guidelinesCoverageExport and Import regulations by Reserve Bank of IndiaSlide33
Session 15 : Free Trade Agreements CoverageIndia’s emergence into FTA league;Subtle variation in focus of India’s FTAs with ASEAN vis-a-vis the Korea and Japan (CECAs);Actual trade Impact on India from the FTA and non-FTA Partners;How this difference can be explained?
How to analyse an FTA effectively- using a product-Specific approach.
ConcludeSlide34
Session 16 : SPS, TBT, NTBCoverageUnderstanding types of Non tariff barriersQuantitative RestrictionsDiscussing dispute settlement cases on trade complianceQuality complianceEnvironmental compliance
Social compliance
Technology complianceSlide35
Session 17 : Financial schemesCoveragePre-shipment and Post-Shipment Finance schemes, Export transaction schemes of import finance. How to do more export business with less money Case study Slide36
Session 18 : Currency Management CoverageUnderstanding change in value of Foreign Currencies (USD, STG, YEN and EURO)Basics of Currency Risk Managements to protect profit margin – Export-Import transactions. Slide37
Session 19 : Preparation & Execution of Export Business PlanCoverageHow to write export business planContents of this planRole of DGFT and RAs in export facilitationFinancial & Product considerationsMarket identification
Challenges and opportunities in selected markets
Negotiating skill for marketing
Economic diplomacy and role of EmbassiesSlide38
Session 20 : PANEL DISCUSSIONInteraction of IIFT PROFESSORS & DGFT OFFICIALS with all participants to sort out various issues regarding export and import business.Slide39
Configuration of your Laptop/DesktopSoftware requirements:Microsoft Windows 7 / 8 (32 bit/64 bit)Internet explorer 8 or higherMicrosoft SilverlightMicrosoft .NET Framework 3.5Hardware requirements:Hardware component Minimum requirement:CPU Intel Pentium 4, AMD Athlon 64, or equivalent1.6 gigahertz (GHz) or higher processor, 2 GHz 32 bit or 642 GB RAMDisplay resolution 1024x768 requiredUser Interface:Headphone / speakersIn-built / external microphoneNetwork Connectivity: 256 kbps (minimum); 1 Mbps recommendedSlide40
Evaluation Parameters2 Quizzes1st Quiz (After 1st Week) = 5*2 = 10 Questions2nd Quiz (After 3rd Week) = 10*2 = 20 QuestionsEnd Term Quiz (After 10 Days) = 20*2 = 40 QuestionsPassing Marks/Qualifying Marks = 40%Exam Fee for the 1st attempt (Inclusive in Programme fee)Additional Attempt (Supplementary exam would require Rs.4000/-)If the participant doesn’t clear the exam, they only get the participation certificateSlide41
Niryat Bandhu SchemeOnline Certificate Program On Export and Import BusinessOnline Tuition FeeStep 1:Click on/copy paste the following link to start the online payment processhttps://www.onlinesbi.com/prelogin/institutiontypedisplay.htmContd…..Slide42
Step 2: Select All India in State of Corporate/ InstitutionSlide43
Step 3: Select Educational Institutions in Type of Corporate/ Institution, Click on GoSlide44
Step 4: Select Indian Institute of Foreign Trade in Educational Institutions Name, click submitSlide45
Step 5: Select Niryat Bandhu Scheme in Select payment CategorySlide46
Step 6: Enter your details, Click SubmitSlide47
Step 7: Cross check the details entered by you, Click ConfirmSlide48
Step 8: Select your method of paymentSlide49
Step 9: Sending a Mail after Successful PaymentYou are requested to send a mail to niryatbandhu@iift.eduwith the subject line “PAYMENT DONE”Slide50
Step 10: Mail for Learning KITAfter Step 9, We’ll cross check your payment and will send adetailed mail regarding the following:Your Admission Details such as Roll.NoDetails about Attending Online Classes (Id & Password)User Manual for Attending Online ClassesUser Id & Password for Learning Management System where you can download course materials, cases and etc.Slide51
Thank You..