Steps taken by Centre to reduce reliance on import: Govt
The government on Friday said that it has taken several steps to reduce import reliance so as to curb the trade deficit.
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The government on Friday said that it has taken several steps to reduce import reliance so as to curb the trade deficit.
Get latest articles and stories on Business at LatestLY. Some of the steps include creating/enhancing of domestic capacity, incentivising domestic manufacturing through Production-Linked Incentive (PLI) schemes, phased manufacturing plans, timely use of trade remedy options, adoption of mandatory technical standards, enforcement of free trade agreement (FTA) Rules of Origin (RoO) and the development of import monitoring system, Minister of State for Commerce and Industry Anupriya Patel said in reply to a parliamentary question today. Business News | Steps Taken by Centre to Reduce Reliance on...
After staging a strong recovery from COVID-induced slowdown in 2021, India’s exports are likely to extend the growth story to the New Year also on increased demand in the global markets, boost in domestic manufacturing due to production-linked incentive schemes and implementation of some interim trade pacts. Expectations of positive growth in the country’s exports ...
After staging a strong recovery from COVID-induced slowdown in 2021, India’s exports are likely to extend the growth story to the New Year also on increased demand in the global markets, boost in domestic manufacturing due to production-linked incentive schemes and implementation of some interim trade pacts. Expectations of positive growth in the country’s exports ...
NEW DELHI, Dec 19: After staging a strong recovery from COVID-induced slowdown in 2021, India’s exports are likely to extend the growth story to the New Year also on increased demand in the global markets, boost in domestic manufacturing due to production-linked incentive schemes and implementation of some interim trade pacts. Expectations of positive growth in the country’s exports are also backed up by the outlook of the World Trade Organisation (WTO) which predicts a 4.7 per cent expansion in […]