Online Certificate Program In Export & Import Business : (Under Niryat Bandhu Scheme) BASIC INFORMATION

Transcription

1 Online Certificate Program In Export & Import Business : (Under Niryat Bandhu Scheme) BASIC INFORMATION DR. VIJAYA KATTI PROFESSOR & chairperson (MDPs) INDIAN INSTITUTE OF FOREIGN TRADE NEW DELHI

2 N i r y a t B a n d h Your Desktop Empowering Entrepreneurs Creating Exporters Online Certificate Program In Export & Import Business Directorate General of Foreign Trade in collaboration with Indian Institute of Foreign Trade

3 Niryat Bandhu Scheme Niryat 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.

4 About DGFT DIRECTORATE 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 , 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.

5 About IIFT DGFT has collaborated with the INDIAN INSTITUTE OF FOREIGN TRADE (IIFT) to bring this unique program. IIFT was set up on 2nd of May 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.

6 Who can attend? Entrepreneurs Exporters / Importers Employees of export house/status holders Anyone with interest in Exports recommended by Regional Authority of DGFT

7 What is the benefit? Know the basics of export import Business Stepping stone to become an exporter in 20 days

8 Where to attend? In the comfort of your home Direct live broadcast Available on your Desktop Help Desk through Online Chat Live Q & A sessions

9 Duration of program 20 Sessions Five days a week. 6 pm to 8 pm. 60 participants per batch

10 Program Fee Total Fee Rs. 25, 000 Participants to pay Rs. 15,000 only Balance to be borne by DGFT

11 How to Apply? Fill the online form at :

12 Who is offering this program? Government of India Directorate General of Foreign Trade Ministry of Commerce and Industry Indian Institute of Foreign Trade B-21 Qutab Institutional Area New Delhi

13 Registration Opened on : 15 th September 2015 Classes Began from: 1st week of October 2015

14 Contents of the Program

15 Session 1: Introduction to Export/Import, Assessing export readiness of your firm Coverage What is meant by exports? Legal definition Why to export? Who can export? How to assess your export readiness (questionnaire )

16 Session 1 contd : Knowledge about international markets Coverage Introduction to international market in the context of export-import with specific reference to India Rich heritage of various state Natural endowment Product specific specialties Demand of pattern of specific export market in specific products. Tariff and non tariff barriers in international market

17 Session 2 : Basic steps for Exporting Coverage Guidelines 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.

18 Session 3: How to Access Markets Coverage Using trade data to identify the products with export potential Adapting your product to meet government regulations, country conditions, or preferences Modifying your product labeling and packaging Planning for installation of your product overseas

19 Session 3 contd.: How to find buyers? Coverage Marketing Strategy, Channel partners, Finding the Buyers & KYC What 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 contract

20 Session 4 : Sources of International market data (Online & Offline) Coverage Step by step process flow and business decision indicators Sources of trade data collation followed by hands on experience of downloading the trade data Analyzing the data to apply it in real life business through mock case situations

21 Session 5 : Foreign Trade Policy (2015:2020): Major highlights Coverage 1. Foreign Trade Policy ( ) Major highlights 2. DGFT and export promotion --- Role of RA, EPCs and RCMC 3. Interface with Airports, Ports, ICDs, SEZs, ICE GATE

22 Session 5 contd.. : Export: Import Incentives Coverage Objectives of Export Promotion Schemes MEIS SEIS Duty Exemption and Remission Scheme EPCG

23 Session 6 : Introduction to ITC(HS) Codes. How to get IEC Code Coverage What is an IEC? How to get an IEC online? How to make changes in IEC?

24 Session 6 contd Coverage What is the basis of classification of policy What is ITC (H S) CODE What is product grouping How to identify the product Case Study pertaining to the above

25 Session : 7 Coverage INCOTERMS Choosing the right delivery term

26 Session : 8 Coverage Incorporating Sales Contract term

27 Session 9 : Export Documentation Coverage Understanding 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.

28 Session 10 : Customs and Excise interface Coverage Excise & 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.

29 Session : 11 Coverage Understanding Logistics Value Chain in Export operations

30 Session 12 : Letter of Credit and implication of UCP: 600 rules Coverage Management of international payments to ensure full and on-time payments Letter of Credit Implication of UCP-600 rules.

31 Session 13 : Risk Management Coverage What is Risk? Various types of Risks in trade- specially International trade Risk Management viz. Identification, quantification, analysis, & transfer of risk What is credit & sovereignty risk Role of ECGC & Credit risk agencies in the promotion of Export Trade Procedures & settlement of claims

32 Session 14 : Understanding RBI guidelines Coverage Export and Import regulations by Reserve Bank of India

33 Session 15 : Free Trade Agreements Coverage India 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. Conclude

34 Session 16 : SPS, TBT, NTB Coverage Understanding types of Non tariff barriers Quantitative Restrictions Discussing dispute settlement cases on trade compliance Quality compliance Environmental compliance Social compliance Technology compliance

35 Session 17 : Financial schemes Coverage Pre-shipment and Post-Shipment Finance schemes, Export transaction schemes of import finance. How to do more export business with less money Case study

36 Session 18 : Currency Management Coverage Understanding change in value of Foreign Currencies (USD, STG, YEN and EURO) Basics of Currency Risk Managements to protect profit margin Export-Import transactions.

37 Session 19 : Preparation & Execution of Export Business Plan Coverage How to write export business plan Contents of this plan Role of DGFT and RAs in export facilitation Financial & Product considerations Market identification Challenges and opportunities in selected markets Negotiating skill for marketing Economic diplomacy and role of Embassies

38 Session 20 : PANEL DISCUSSION Interaction of IIFT PROFESSORS & DGFT OFFICIALS with all participants to sort out various issues regarding export and import business.

39 Configuration of your Laptop/Desktop Software requirements: Microsoft Windows 7 / 8 (32 bit/64 bit) Internet explorer 8 or higher Microsoft Silverlight Microsoft.NET Framework 3.5 Hardware requirements: Hardware component Minimum requirement: CPU Intel Pentium 4, AMD Athlon 64, or equivalent 1.6 gigahertz (GHz) or higher processor, 2 GHz 32 bit or 64 2 GB RAM Display resolution 1024x768 required User Interface: Headphone / speakers In-built / external microphone Network Connectivity: 256 kbps (minimum); 1 Mbps recommended

40 Evaluation Parameters 2 Quizzes 1 st Quiz (After 1 st Week) = 5*2 = 10 Questions 2 nd Quiz (After 3 rd Week) = 10*2 = 20 Questions End Term Quiz (After 10 Days) = 20*2 = 40 Questions Passing Marks/Qualifying Marks = 40% Exam Fee for the 1 st 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 certificate

41 Niryat Bandhu Scheme Online Certificate Program On Export and Import Business Online Tuition Fee Step 1:Click on/copy paste the following link to start the online payment process Contd..

42 Step 2: Select All India in State of Corporate/ Institution

43 Step 3: Select Educational Institutions in Type of Corporate/ Institution, Click on Go

44 Step 4: Select Indian Institute of Foreign Trade in Educational Institutions Name, click submit

45 Step 5: Select Niryat Bandhu Scheme in Select payment Category

46 Step 6: Enter your details, Click Submit

47 Step 7: Cross check the details entered by you, Click Confirm

48 Step 8: Select your method of payment

49 Step 9: Sending a Mail after Successful Payment You are requested to send a mail to niryatbandhu@iift.edu with the subject line PAYMENT DONE

50 Step 10: Mail for Learning KIT After Step 9, We ll cross check your payment and will send a detailed mail regarding the following: 1. Your Admission Details such as Roll.No 2. Details about Attending Online Classes (Id & Password) 3. User Manual for Attending Online Classes 4. User Id & Password for Learning Management System where you can download course materials, cases and etc.

51 Thank You..