I am sure snippets relating to import bans, quantitative restrictions on imports have been in the news all this while but perhaps one begins to notice it only when one is in some way associated with the domain. As I am doing some research work in this field (trying to!), have come across the following in the recent past:
1. Firms from Taiwan, Malaysia, US and China have been found guilty of 'Dumping' solar cell panels in India. As investigation in the case has established that this is adversely impacting the domestic Solar Panel Manufacturing sector in India, an import duty levy has been recommended by the Ministry of Commerce. Whether this duty is levied or not remains to be seen. This, because India is looking at expanding its base of power generation through renewable resources. Imposing duty on Solar Panels at this stage could prove detrimental for this cause. Dumping refers to exports at prices lower than what the firms are selling at in the domestic country.
2. Prime Minister of India, Narendra Modi, has announced during his visit to Bhutan that no quantitative restrictions will be imposed on exports of Wheat, non-basmati rice, milk powder, pulses, edible oil from Bhutan to India.
3. European Union has imposed a temporary ban on import of Alphonso Mangoes and four vegetables - snake gourd, eggplant, bitter gourd, taro plant - from India. This, apparently, on account of pest contamination of the previous consignments of imported goods from India.
4. Another product from India that may soon be at the receiving end of an import ban concerns Betel (paan) leaves. Salmonella (a bacteria) contamination is the reason for the proposed ban.
1. Firms from Taiwan, Malaysia, US and China have been found guilty of 'Dumping' solar cell panels in India. As investigation in the case has established that this is adversely impacting the domestic Solar Panel Manufacturing sector in India, an import duty levy has been recommended by the Ministry of Commerce. Whether this duty is levied or not remains to be seen. This, because India is looking at expanding its base of power generation through renewable resources. Imposing duty on Solar Panels at this stage could prove detrimental for this cause. Dumping refers to exports at prices lower than what the firms are selling at in the domestic country.
2. Prime Minister of India, Narendra Modi, has announced during his visit to Bhutan that no quantitative restrictions will be imposed on exports of Wheat, non-basmati rice, milk powder, pulses, edible oil from Bhutan to India.
3. European Union has imposed a temporary ban on import of Alphonso Mangoes and four vegetables - snake gourd, eggplant, bitter gourd, taro plant - from India. This, apparently, on account of pest contamination of the previous consignments of imported goods from India.
4. Another product from India that may soon be at the receiving end of an import ban concerns Betel (paan) leaves. Salmonella (a bacteria) contamination is the reason for the proposed ban.
