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In
order to be able to do so, we would have to appreciate the nature of
the DEPB scheme. The DEPB scheme is a part of Exim Policy of the
Government of India formulated under section 5 of the Foreign Trade
(Development and Regulation) Act, 1992. The policy outlines the
objectives including to accelerate the country's transition to
globally oriented vibrant economy with a view to derive maximum
benefits from expanding global market opportunities and to stimulate
sustained economic growth by providing access to essential raw
materials, intermediates, components, consumables and capital goods
required for augmenting production.