Import Restrictions News

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Why is India using import curbs as a policy tool? | Mint Primer | Mint

India's upcoming import restrictions on laptops, tablets, and personal computers, effective from November 1, have broader implications. Amid efforts to boost economic growth post-pandemic, India aims to enhance self-sufficiency, create jobs, and reduce the current-account deficit by curbing imports. Electronics, including computer hardware, are a priority due to their significance and potential security concerns. While these restrictions could face challenges from electronics exporters at the World Trade Organization (WTO), India justifies them under national security interests. The move also aligns with the government's focus on its production-linked incentive (PLI) scheme for hardware manufacturing.

8 Sep 2023
Industry

India’s curbs on import of pulses: US, Australia, EU raise concerns at WTO

A commerce ministry official says India defended the restrictions on import of pulses as they are compliant with WTO rules

2 min read1 May 2018
Market

Govt restricts import of gold, silver items from South Korea

The government restricted imports of gold and silver items from South Korea in a bid to check spurt in inbound shipments of precious metals from that country

1 min read25 Aug 2017
Politics

Are import restrictions to blame for India’s trade deficit with China?

India's addiction to cheap Chinese phones rather than trade restrictions better explain the yawning trade gap with China

2 min read25 Jul 2017
News

WTO rules against India over US meat imports ban

The appellate body dismissed India's challenge against the earlier ruling on several grounds

1 min read4 Jun 2015
Market

Gold imports by India drop in first half as curbs cut demand

Purchases tumbled 77% to 150 metric tonnes in the six months through June from 650 tonnes a year earlier

2 min read30 Jun 2014
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The Mint Report

RBI extends gold import restrictions; Bharti Airtel submits final bid for Myanmar telecom licence and Sensex sheds 65 points over uncertainty about rate cuts

4 Jun 2013
Market

Indian gold premiums jump after import curbs

The bullion wholesalers quoted a premium of Rs750-1,200 per 10 grams over local spot gold on Wednesday as against Rs500-600 last week

1 min read15 May 2013

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