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.
Comments
I think this is the best way police can do. Whoever do mischief and creating problem in their town should throw them to other state for 5 years. Istead of putting them in Jail.
They not allowed visit their family upto 5 years. Then they knows the values of human being.
send him to hell forever. he is a culprt
Kick him out to china or pakistan border
Huballi is not far....send him to Andaman.....or Saturn would be better....
Good Move... The authorities should recognize the trouble makers and give harsh punishment so that the society will be peaceful...
There are many authorities who wear bangles and fear the cheddis. its time to know that cheddis evil power are diminishing day by day and there is no need to worry and live in fear.
The authoriites should do their jobs without fearing the consequences... Do good to the society ... God's help come when our intention is right.
He should have been booted out at least for one year... so that other monkeys will learn .... He may be following the foot steps of his Guru Mutalik and may be demanding 10 laks to start a riot .....
Good Job done by the district police. he should be thrown behind the bars for ever for disturbing peace
Kick them out of Country.Waste Bodies.
Hats off to super star nukul (mr.s.s.nukul), d.c of uttara kannada, for at last showing the guts and courage of
Power of his respected post, to maintain the law & order of the district, by thrwoing out this so called \gandi naali ka
Keeda\" out of the district for the benefit of the peace loving people belonging to all the communities, who are allowed to live & let live harmoniously. Long live india & indians. Jai ho."
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