Insta
Govt's Crackdown On Chinese Imports Begins, Calls For List Of Imports Replaceable With Indian Products
Swarajya Staff
Jun 22, 2020, 10:23 AM | Updated 10:23 AM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
As Indo-Chinese relationship has sunk to a multi-decadal nadir in the view of the ongoing Chinese belligerence and bloody adventurism along the Line of Actual Control (LAC) in Eastern Ladakh, the Centre has sought a product-wise list of cheap imports to identify which products can be supplanted with local offerings, reports Times of India.
The Government has asked the list to offer a comparison of the Chinese imported products with the prices of domestic offerings and the tax disadvantages attached to the domestic products if any.
The development comes after the Prime Minister's Office (PMO) had held a high-level meeting to discuss ways to promote Aatmanirbhar Bharat and paring down the import dependence from China.
PMO has also sought comments and suggestions from the industry on a certain set of goods and raw materials which are imported from China. These include offerings like wristwatches, wall clocks, ampoules, glass rods and tubes, hair cream, hair shampoos, face powder, eye and lip make up preparations, printing ink, paints and varnishes and certain tobacco products.
It should be noted that China serves about 14 per cent of India's import needs and is a major supplier to sectors like cell phones, telecom, power, plastic toys and critical Pharma ingredients.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.