1. PRIYA SAFAYA FOTEDAR
C-2/72, SUSHANT LOK, PHASE - I
GURGAON - 122012
E-mail : priyasafaya@fieo.org
Tel : off. (D) 26150117
Res:0124-2575555
Professional Qualification
Master in Business Administration (M.B.A.) from University of Poona (1987-
89) with Grade A.
Diploma in Computer Management (D.C.M.) from University of Poona (1988-
89) with Grade B+.
Educational Qualification
Bachelors of Science (B.Sc)
Professional Experience
Presently working as Joint Deputy Director General in the Federation of
Indian Export Organisations, set up by Ministry of Commerce, Govt. of India
Job Profile
Working in areas related to finance for the SME export sector; Exchange
Control Regulations, direct tax, service tax provisions, infrastructure issues
pertaining to exports.
Contributing to the preparation of the pre & post Budget Memorandum,
Memoranda submitted by FIEO for Monetary and Credit policy review /
Annual Policy Statement of the RBI/ Scope Air and Scope Shipping of the
Ministry of Commerce etc besides making of the Submission made n the area
Of Direct taxation, Banking & Exchange Control.
Representing issues to RBI/Ministry of Commerce/Ministry of Finance/Exim
Bank, Commercial Banks and other concerned departments for resolving
exporters problems and obtaining clarifications on guidelines and notifications
issued by RBI/CBDT/CBEC from time to time.
Basic knowledge of the various scheme under Export-Import Policy such as
EPCG/Advance Licensing/Scheme for EOUs, EPZz, Special Economic Zones
(SEZs) etc.
Undertaking market research studies for sectoral analysis & making
recommendations to policy making apex institutions like Reserve Bank of
India (RBI)/Ministry of Commerce/Ministry of Finance, etc
2. Keeping updated with the latest developments in the RBI guidelines,
particularly related to Monetary and Credit Policy, Export Finance, CBDT,
CBEC related to service tax,
Contributing articles to in house journals and preparation of Press Releases
on current developments in banking/infrastructure/economic policies,etc.
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Past Work Experience
Period Particulars
Sept 2001 - present Director
Jan 1995 - Aug 2001 Joint Director (Banking &
International Trade)
October1992 - Jan 1995 Deputy Director (Banking &
International Trade)
August’91 – September’92 Deputy Director (Banking &
International Trade). Electronics
and Software Export Promotion
Council, New Delhi under the
Ministry of Commerce, Govt. of
India.
December’90 – June’91 Senior Manager (Marketing),
Apple Industries Ltd. (I.T.
Division), New Delhi.
November’89 – November’90 Marketing Executive UPTRON
July’89 - October’89 Marketing Executive, Hindustan
Computer Ltd. (HCL Ltd.)
June’84 – April’87 Export Executive, “Lucknow
Exports” a subsidiary of ICT
WISSENBACH Group.
Training Project Work
M.B.A.
3. With I.D.B.I. for the Taj Group of Hotels entitled “A study on the scope of
Hotel Industry in Lucknow”.
D.C.M.
In COBOL on “Hotel Management System”
Submissions to the Government of India
- Rupee Appreciation and its impact on export margins
- Submission to the Ministry of Commerce for growth of the manufacturing
sector [as inputs for said Committee set up under Chairmanship of
Dr.Krishnamurthy, NMCC]
- Submissions to the Reserve Bank of India on the SME sector
- Do you know Exporter ? – A guide to Developments in Export Finance &
Banking
- Reduction of dwell in Air Cargo at Delhi & Mumbai Airports
- Pre & Post Budget Memorandum
- Press Releases related to Banking & International Trade
PRIYA SAFAYA
Policy initiatives for MSME export sector
Gold card scheme 2004;
interest subvention 2007;
waiver of transaction costs for export sector;
24x7 facility for clearance of export/import consignments;
Exemption from Service Tax on Foreign Agency Commission;
Refund of CENVAT Credit as per transaction value, if the goods are
removed as waste and scrap;
Additional 2% benefits to specified exports to EU after lapse of GSP
benefit;
exemption of service tax on export commissions;
Raising limit of forward contract and allowing cancellation and re-
booking;
10 years deferred payment for project exports ;
Deferring of hike in freight charges;
4. Trade with Iran in rupees to circumvent sanctions; doing away with
value addition for medical and pharmacueticals; making UCO bank a
nodal bank for the purpose ;
Doing away with 20: 80 scheme for gold;
Allowing flexibilities in merchanting trade;
Reducing number of documents for exports to three- packing list,
commercial invoice and shipping bill;
Combining different forms for overseas investments and JV's into
one OD1 form;
Keeping problem of arbitrary levies by shipping liners alive by raising
issue from time to time;
Other issues such as exports in priority sector lending have been
included in the recommendations of RBI's Padmanabhan committee;
Priya Safaya