N 27/2005 (RE-05)

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GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE

NOTIFICATION No. 27(RE-2005)/2004-2009 New Delhi, Dated the 12th September’ 2005

S.O. (E) In exercise of powers conferred by Section 5 of the Foreign Trade

(Development & Regulation) Act, 1992 read with paragraph 1.3 of the Foreign Trade Policy, 2004-2009, as amended from time to time, the Central Government hereby makes the following amendments in the Foreign Trade Policy, 2004-2009:-

      Sub-paragraph 6.6(d) shall be amended as under:-

“Only projects having a minimum investment of Rs. 1 Crore in Plant & Machinery shall be considered for establishment as EOUs under the scheme. This shall, however, not apply to existing units and units in EHTP/STP/BTP, Handicrafts/ Agriculture/ Floriculture/ Aquaculture/ Animal Husbandry /Information Technology, Services, Brass Hardware and Handmade jewellery sectors The Board of Approval (BOA) may also allow establishment of EOUs with a lower investment criteria.

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   Sd/-

( K.T. CHACKO) DIRECTOR GENERAL OF FOREIGN TRADE and Ex Officio Additional Secretary to the Government of India

( Issued from F.No. 01/92/180/207/AM05/PC-II)