To make the country Atma Nirbhar in the IPA sector, anti-dumping duty must be implemented. A country like India, which is often regarded as the pharma capital of the world, can’t afford to have weak supply chain resilience.
In this article probationer IPS Simran Bhardwaj and Siddharth Subudhi, Senior Policy Analyst at the Centre for Digital Economy Policy Research (C-DEP) write about safeguard measures for minerals.
Critical minerals and products such as Ferro Molybdenum made from them are extremely critical for India since they have wide applications in military hardware. India must therefore address issues related to critical minerals so that India’s supply chains are not compromised.
Though considered a golden fibre, jute in recent months has lost much of its lustre with jute mills massively cutting down on production. It has meant that growers of jute are saddled with produce that millers are refusing to buy, pushing them into penury.
The rejection rate for anti-dumping recommendations has risen from 0.61% in 1991-2020 to 61% in September 2020-October 2022.
The rejection rate of the Commerce Ministry’s recommendations to impose anti-dumping and countervailing duties on different imported products by the Finance Ministry has gone up… Continue reading Rejection Rates of DGTR’s Recommendations by FinMin to Impose Anti-Dumping Duties Rise | MillenniumPost
The rejection rate of commerce ministry’s recommendations to impose anti-dumping and countervailing duties on different imported products by finance ministry has gone up substantially.
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