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Canalised list of items in foreign trade of India refers to
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- the items to be imported by the private agencies
- list of items to be subsidised
- list of items to be granted duty concession
- items to be imported only by the State owned undertaking
- the items to be imported by the private agencies
Correct Option: D
The Export-Import Policy announced on March 31, 1992 said that all goods, except those coming under the negative list, could be freely imported and exported. The negative list consisted of goods, the import or export of which was prohibited; restricted through licensing or otherwise; or canalized. Canalized items can be imported by Canalizing Agency only and not by an individual importer. An individual importer requires an Import licence issued under the Export and Import Policy for importing canalized items.
