Para 9.21
- Document type
- Procedure
- Dated
- Category
- HB Vol.1 ( upto 31/03/2002)
Minimum level of Net Foreign Exchange as a Percentage of exports (NFEP) and minimum Export Performance (EP)
9.21
The minimum NFEP and EP are indicated in Appendix 1 of the Policy. In case of existing units the earlier NFEP and EP may be repeated at the time of renewal. However, NFEP and EP of such units will be revised, as per Policy, at the time of renewal of the approval or mid-term revision by the Development Commissioner, if such proposal envisages addition of installed capacity.
Appendix I of the Policy only indicates the minimum level to be achieved, but does not preclude the Board of Approvals (BOA) or the Development Commissioner from prescribing a higher percentage where warranted.