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India and GSP : An Overview.

Generalised System of Preference (GSP), Origin and its impact on Indian Exports ·          Tracing the Origin of GSP ·          India and GSP 1.       Overview of Exports 2.       Benefits to Indian exporters. 3.       Impact of withdrawal of GSP. References.        Tracing the Origin of GSP U.S. trade preference programs such as the Generalized System of Preferences (GSP) provide opportunities for many of the world’s poorest countries to use trade to grow their economies and climb out of poverty.   GSP is the largest and oldest U.S. trade preference program. Established by the Trade Act of 1974, GSP promotes economic development by eliminating duties on thousands of products when imported from one of 120 designated beneficiary countries and territories.  GSP promotes economic growth and development in the developing world.  GSP promotes sustainable development in  beneficiary countries  by helping these countries to increase and diversify their trade with

what is E-way Bill ?

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E - Way BILL Under GST regime , for every movement of goods beyond 10km. , an E-Way Bill is required to be generated online. Here is the brief summary of the same. short summary E-Way Bill

Business, Commerce & Trade.

What is a business ? Griffin and Ebert (1996): "Business is an organisation that provides goods or services in order to earn profit". It is a commercial activity of making one's living or making money through trading , manufacturing or providing services. The element of risk is also involved in it. According to Peter F. Drucker : "There is only one valid definition of business purpose : to create a customer ". Quality in a product or service is not what the supplier puts in . It is what customer gets out and is willing to pay for. " It either helps them grow or stunts them" "Change that creates a new dimension of performance" Commerce : Commerce includes all those activities which are helpful in transferring goods from place of production to the consumer. Purchases , sale , transportations , advertisement  are the activities which come within the scope of commerce . Trade: T rade is an important part of commerce. It mean

Introductory

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Hey Folks, “Diversification is the new presentation.” As we are breaking our first post here on the blog, so we thought to throw some light on the purview of it. Broadly speaking, we are about to cover here those subjects which are being mentioned in the syllabus of Management Studies all around India. Specifically, the IMPORT and EXPORT Management sector and the Documentation part related to it and the tentacles adjoining it will be our focus area. India being the hot spot of trading affairs and the consumer market around the world, we would be giving details about Foreign Trade Policy, the insights and the latest data. Studies like International Economics, Foreign Trade Procedure and Documentation, Import Management, Strategic Management, Strategic HR and Development, Service Marketing & CRM, Financial and Derivative Market in India, International Trade Logistics &Supply Chain Management, Overseas Project Management etc will be our thrust area. We, being an MBA