What are the privileges of 'Status Holders' under the Foreign Trade Policy and Procedure of India enumerated under the Foreign Trade Policy 2015-20?

Privileges of 'Status Holders' under Foreign Trade Policy and Procedure 2015-20 are as under: Authorisation and Customs Clearances for both imports and exports may be granted on self-declaration basis; Input-Output norms may be fixed on priority within 60 days by the Norms Committee; Exemption from furnishing of Bank Guarantee for Schemes under FTP, unless specified otherwise anywhere in FTP or Hand Book of Procedure (HBP); Exemption from compulsory negotiation of documents through banks. Remittance/receipts, however, would be received through banking channels; Two star and above Export houses shall be permitted to establish Export Warehouses as per Department of Revenue guidelines. Three Star and above Export House shall be entitled to get benefit of Accredited Clients Programme (ACP) as per the guidelines of Central Board of Excise and Customs (CBEC). The status holders would be entitled to preferential treatment and priority in handling of their consignments by the concerned agencies. Manufacturers who are also status holders (Three Star/Four Star/Five Star) will be enabled to self-certify their manufactured goods as originating from India with a view to qualify for preferential treatment under different preferential trading agreements, free trade agreements, partnership or cooperation agreements. Manufacturer exporters who are also Status Holders shall be eligible to self-certify their goods as originating from India as per Hand Book of Procedures. Status holders shall be entitled to export freely exportable items on free of cost basis for export promotion.