New Delhi, June 27: The Prime Minister Narendra Modi-led union government of India is not ready to stop all imports from aggressive China in spite of mount calls to boycott Chinese products in India.
The Centre is reportedly considering to stop only non-essential imports from the neighbouring country.
However, the Inward shipment in sectors such as automobiles, pharmaceuticals, certain electronics and others will continue until a domestic alternative is found.
“India will gradually move towards import substitution. It will not happen overnight. In the meantime, attention has to be paid on production and job creation. We cannot throttle our industry. There are certain absolutely essential imports. Needless to say, those will keep going,” official sources said.
Sources said that both the government and the industry are in the process of identifying products that can be domestically manufactured in the medium term. There are certain chemicals, automotive components, handicrafts, cosmetics, agriculture items and certain consumer electronics, which can be manufactured domestically in the short to medium term. The government is doing all it can to raise the capacity of domestic industries.
However, there are certain other imports in the automobile and the pharmaceutical sectors which cannot be done away within the short to medium term. Their domestic production at the moment may not be that cost-effective.
The six-crore strong traders’ body CAIT has been at the forefront of such a demand and has launched a campaign to celebrate Indian Diwali this year with a total absence of Chinese goods.
“Ease of doing business, capital availability at lower rates and globally competitive logistics and energy costs are some of the prerequisites that the government should look into to ensure the growth of the domestic auto component industry,” according to Automotive Component Manufacturers Association of India (ACMA) Director General Vinnie Mehta.
Maruti Suzuki Chairman R C Bhargava said, “People who are boycotting Chinese goods have to remember that in some cases it may lead to their being asked to pay more for the same product."
Meanwhile, domestic rating agency Acuite Ratings & Research has analysed the current import portfolio from China and found 40 sub-sectors have the potential to lower their import dependency on China. These sectors contribute to $33.6 billion worth of imports from China and about 25% of these imports can be substituted by local manufacturing without any significant additional investments.
Chiku, married to Linson Thomas, also working as a male nurse in the same hospital, failed to turn up for work at around 11 pm local time. Mr Thomas, who was on duty at the hospital, went to their apartment and found her dead with grievous injuries. T.I. Varghese, a close relative of the family, told this newspaper that the woman was suspected to be hacked with a sharp edged weapon.
Comments
it is clear that the baby was targeted, otherwise there was no need to stab a woman with so many stabs if the reason was only ROBBERY. i trust our dear HM that he will find out the monster, this cannot be an act of a human being. THE EYES OF GOD THE ALMIGHTY OVERLOOKS EACH AND EVERY CREATION OF HIS AND THE CULPRIT WILL NOT ESCAPE THE WRATH OF GOD.
As a mother of 9 year old baby which my GOD blessed me after much trials for 6 years, i only ask \why\""
#5
Either YOU are ignorant of GOD or U are a fool to believe such a way.
God created all that exists in this EARTH and he has proportioned everything. Humans are one of the intelligent creation of ALLAH and as we advance technologically.. Human moral are decreasing and they rely on the advancement of technology. Mobile are good but when people use for BAD it is affecting the society. Everywhere U see evil, we need to stop it rather than ignoring.
When EVIL increases WE should voice out ... which we dont see now a days... it is our job too to voice out the EVIL done in our society.
God is most merciful, the culprit may escape cos of a merciful now , but his life will not get contentment in this world unless he asks forgiveness with the victim & with the creator who gave the LIFE to all.. There is a day when everything thing will be judged in front of THE CREATOR.
He gave us LIFE and he is the one who takes LIFE. Had U ever look what GOD says in his message .. if not please lOOK QURAN and find out what he says in QURAN on the PURPOSE of LIFE, Good and EVIL and HEAVEN and HELL>
First know WHO is ALLAH and then learn more about his messenger like Prophet Muhammd pbuh, jesus, moses, ibrahim, noah and many other... Who conveyed What is LIFE and what is our duties.
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