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Home News News and Press Release Month 11 2012 2012 (11) This |
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Import of Cheap Chinese Goods |
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26-11-2012 | |||
Press Information Bureau Government of India Ministry of Commerce & Industry 26-November-2012 15:21 IST Import of any good presupposes that its domestic price is higher than foreign price. Hence, invariably imported goods will be cheaper than their domestic counterparts. Government have policies in place to ensure that interest of both domestic consumer and domestic producer of such goods are not severely jeopardized. To protect the consumers, quality/safety standards applicable to domestic goods are made equally applicable to imported goods. To protect the domestic producers, Trade Defense Measures like Anti-dumping & Safeguard measures are available to the domestic industry to seek relief against unfair trade practices by exporters of goods from other countries. In case of electrical goods, safety is ensured through Electrical Wires, Cables, Appliances and Protection Devices and Accessories (Quality Control) Order, 2003. Import of fireworks (crackers) is restricted and subject to licensing under Import Policy. This information was given by the Minister of State for Commerce & Industry Dr. D. Purandeswari in written reply to a question in Lok Sabha today. ******
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