India's Export and Import policy for 2001-02 (April-March) announced on Saturday removes quantitative restrictions on all 715 items that currently attract such curbs. Of them, 342 items are in the textile sector, 147 in the agricultural products (including alcoholic beverages) and 226 in the manufacturing sector. Following are the major items on which the quantitative restrictions have been scrapped:
  • Petroleum oil and oils obtained from bituminous minerals, crude
  • Motor spirit (gasoline), including jet spirit
  • Spirit type (gasoline) jet fuel
  • Diesel gas oil
  • Other gas oils
  • Silk yarn (other than yarn from silk waste) not put up for retail sale
  • Yarn spun from silk waste, not up for retail sale
  • Woven fabrics containing less than 85% by weight of polyester staple fibers mixed with cotton, dyed, plain weave
  • Bed linen, knitted or crocheted
  • Other camping goods made of other textile materials
  • Leather footwear, with upper or leather or composition leather
  • Sacks and bags of other textile materials
  • Basmati rice
  • Other rice
  • Public transport type passenger motor vehicles
  • Second-hand or used motor cars and jeeps assembled of a cylinder capacity not exceeding 1000cc, with spark ignition internal combustion reciprocating piston engines
  • Motor car, new, assembled of a cylinder capacity exceeding 1000 cc but not exceeding 1500 cc, with spark ignition internal combustion reciprocating piston engines
  • Color televisions
  • Cassette players
  • Cigarettes containing tobacco
  • Whiskeys
  • Rum and Tafia
  • Vodka
  • Dairy products
  • Other meat or edible offal, not cut in pieces of ducks, geese and Guinea fowls
  • Coffee, not roasted, not decaffeinated Arabica plantation A, B, C
  • Tea green in bulk
  • Tea green in packets exceeding 25 grams, but not exceeding 1 kilogram
  • Crushed industrial diamonds
  • Sorted industrial diamonds
  • Unsorted industrial diamonds.
    • Bureau Report