Amendments in the Target Plus Scheme, for the exports effected during 01/04/2005 to 31/3/2006, of the FTP 2004-2009 - 08 (RE 2006)/2004-2009 - Foreign Trade Policy

Amendments in the Target Plus Scheme, for the exports effected during 01/04/2005 to 31/3/2006, of the FTP 2004-2009 NOTIFICATION NO. 08/2006, DT. 12/06/2006 S.O.(E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development Regulation) Act, 1992 read with paragraph 1.3 and paragraph 3.7.8 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes the following amendments in the Target Plus Scheme, for the exports effected during 01.04.2005 to 31.3.2006, of the Foreign Trade Policy (RE2005), 2004-2009, as amended from time to time: 1. The first sentence of the Para 3.7.3 is replaced as under: "The entitlement under this scheme would be contingent on the minimum percentage incremental growth of 20% in FOB value of exports in the current licensing year over the previous licensing year, and the rate of entitlement shall be 5% of the incremental growth." 2. Consequently the table below the first sentence stands deleted. This will take effect for exports from 01.04.2005. This issues in public interest. Sd/- (K. T. CHACKO) Director General of Foreign Trade and Ex Officio Additional Secretary to the Government of India (Issued from File No. 01/94/180/172/AM06/PC.I)