Answer Writing Practice for UPSC IAS & UPPSC Mains Exam: Paper - IV (General Studies – III) - 29 November 2019

Answer Writing Practice for UPSC IAS Mains Exam


Answer Writing Practice for UPSC IAS & UPPSC Mains Exam


UPSC Syllabus:

  • Paper-IV: General Studies -III (Technology, Economic Development, Bio-diversity, Environment, Security and Disaster Management)

Q. Define the Harmonized System Code (HS Code). Explain how the HS Code would boost Khadi exports in the coming years? (150 words)

Model Answer:

  • Why in News?
  • Introduction: Harmonized System Code (HS Code)
  • Boost to Khadi exports due to HS Code
  • Conclusion

Why in News?

Recently, the Ministry of Commerce and Industry allocated a separate Harmonized System (HS) Code for Khadi.

Introduction: Harmonized System Code (HS Code):

The Harmonized System (HS Code) is a six-digit identification code developed by the World Customs Organization (WCO). The HS Code is also known as the “universal economic language” for goods. It is a multipurpose international product nomenclature.

The system helps in harmonizing customs and trade procedures, thus reducing costs in international trade. At present, over 200 countries use the system as a basis for their customs tariffs, gathering international trade statistics, making trade policies, and for monitoring goods.

Boost to Khadi exports due to HS Code:

  • The absence of the HS Code made the export of khadi difficult to achieve its full potential, as its exports were difficult to categorize and calculate.
  • The Export Promotion Council Status (EPCS) was given to the Micro, Small and Medium Enterprise (MSME) in 2006, to control Khadi and Village Industries Commission (KVIC).
  • The export of Khadi and its products were difficult in big number due to the absence of the unique HS Code.
  • The latest move is expected to help resolve this issue.
  • In the absence of the HS Code for Khadi, the data regarding the export of this fabric used to come as a normal fabric under the textile head. Now it would be calculated separately.

Conclusion:

International Market has a great demand for Khadi and Village Industries products because these products are eco-friendly and natural. The recent decision of the government would open a new chapter in Khadi export and it will also help towards planning export strategies.

Click Here for Answer Writing Practice Archive

हिन्दी में उत्तर लेखन अभ्यास कार्यक्रम के लिए यहाँ क्लिक करें