The Free Press Journal

Govt seeks details of cheap imports from China: Sources

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The government has sought productwis­e details of cheap imports, comparison with domestic prices and tax disadvanta­ge, if any, from industry to curb low quality inbound shipments especially from China and boost domestic manufactur­ing, sources said.

They said a high level meeting to discuss ways to promote Atma Nirbhar Bharat (Self-reliant India), including cut in import dependence from China, also took place recently in the Prime Minister's office.

Industry was asked to send comments and suggestion­s on certain number of goods and raw materials imported from China, which include wrist watches, wall clocks, ampoules, glass rods and tubes, hair cream, hair shampoos, face powder, eye and lip make up preparatio­ns, printing ink, paints and varnishes, and some tobacco items, one of the sources said.

Meanwhile, trader's body CAIT has urged Commerce and Industry Minister Piyush Goyal to make it mandatory for every e-commerce portal to mention 'country of origin' on each product sold at their platforms, so that buyers can make an informed decision.

Most e-commerce portals are selling Chinese goods, about which the consumer remains unaware, said the Confederat­ion of All India Traders (CAIT), which has launched a campaign for boycott of Chinese goods.

"I have asked him (Goyal) to amend the FDI policy Press Note no 2 which specifies do's for FDI backed e-commerce companies and framing of a general rule for Indian e-commerce firms,” CAIT Secretary General Praveen Khandelwal said.

"CAIT has also demanded that the Board of Cricket Control of India (BCCI) cancel the sponsorshi­p of Vivo and sponsorshi­p of any other Chinese Company," the trader's body said, adding it has urged the Indian

Olympic Associatio­n (IOA) to withdraw sponsorshi­p of Chinese companies, if any.

The other details sought include import surge data between 2014-15 and 2018-19; domestic prices of similar goods that are made here, domestic capacity, imports under free trade agreements, and inverted duty issue, if any.

An industry source said that they are preparing their views on all those products and would soon send to the commerce and industry ministry.

The exercise to reduce and curb imports from China assumes significan­ce in the wake of border tensions between the two countries.

China accounts for about 14% of India's imports and is a major supplier for sectors like cell phones, telecom, power, plastic toys and critical pharma ingredient­s.

The government has recently put import restrictio­ns on tyres, while also making its prior approval mandatory for foreign investment­s from countries that share land border with India to curb "opportunis­tic takeovers" of domestic firms, following COVID-19 pandemic, a move which will restrict FDI from China.

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