Input-output norms require proportionate inputs for manufacture and oblige importers to ensure imported goods are used in export products. The Foreign Trade Policy prescribes standard input-output norms specifying permissible proportions of inputs for manufacture of export products, ... Summary
Input-output norms require proportionate inputs for manufacture and oblige importers to ensure imported goods are used in export products.
The Foreign Trade Policy prescribes standard input-output norms specifying permissible proportions of inputs for manufacture of export products, exemplified by gear cutting tools of cobalt-bearing high speed steel. Schedules determine input proportions and material characterisation, and applicants importing inputs under these norms must ensure imported goods conform to the declared type and are used or required in the export product.
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