Foreign Exchange Department
           
                                                                 
                                                                       Vision & Mission


Our Vision

• To evolve appropriate environment in discharging the basic objective of the Foreign Exchange Management Act (FEMA), 1999;
• To facilitate external trade and payments and to promote orderly development and maintenance of foreign exchange market in India; and
• To frame prompt and pro-active policy responses, as part of active capital account management, within the evolving macroeconomic conditions

Our Mission

To effectively integrate the needs of the users, both resident and non-resident, with the evolving market dynamics and external sector developments by:

• evolving and disseminating rules and regulations in a user friendly language;
• moving towards fuller capital account convertibility in a calibrated manner;
• having regular interface with the users to assess their needs with greater focus on the requirements of resident individuals /entities;
• rendering effective and efficient customer service with greater transparency;
• empowering Authorised Persons and enlarging their role as a conduit to create awareness about the developments;
• facilitating hassle-free cross-border transactions;
• capturing data on a real time basis to dynamically induce policy changes; and
• disseminating data in a transparent manner.
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