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| | | Handicrafts: | | | | | (a) | New Handicraft SEZs shall be established which would procure products from the cottage sector and do the finishing for exports
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| | | | | | (b) | Duty free import entitlement of trimmings and embellishments shall be 5% of the FOB value of exports during the previous financial year. The entitlement is broad banded, and shall extend also to merchant exporters tied up with supporting manufacturers.
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| | | | | | (c) | The Handicraft Export Promotion Council shall be authorized to import trimmings, embellishments and consumables on behalf of those exporters for whom directly importing may not be viable.
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| | | | | | (d) | Specific funds would be earmarked under MAI & MDA Schemes for promoting Handicraft exports.
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| | | | | | (e) | CVD is exempted on duty free import of trimmings, embellishments and consumables.
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| | | | | | (f) | New towns of export excellence with a reduced threshold limit of Rs 250 crore shall be notified.
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