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
99% Muslims over all do all haram business.... Monarch is prohibited.. still saudi has monarchism ..... Idol worship is haram... u will find highest darga in India...... Interest is haram... 90% of bank borrowers and lenders are muslims..... highest default and interest payers in bank are muslims ... are Muslims..... ... my dear brothers before saying haram and halal.. first lets be perfect and then talk about haram and halal.....
#ummar,
Idol worshiping is forbidden in Islam, to support it or fecilitate it by any of the way is forbidden or it is like supporting idolatery,,,
Regarding your examples, prayer by Khalifa Umer or any muslim , at any place of clean is allowed , if there is no any idolatery supported images or any articles....and same way in islam , it is forbidden to harm any non muslim worshiping places...as mentioned by your second example...
This is surely Interest money, Bank Interest is Haram in Islam, Many Muslims have disputed land in their posses. these land either they have to give on charity or live for the Govt. So better to give to Ram Temple since Ram temple is very less in our country comparing to Snake temple and Monkey temple...Useless Muslims who did this all of them reserved places in hell surely Almighty Allah will punish them severely Insha Allah...!!!
NA TASYA PRATIMA ASTI... For Sure it means there is no image of GOD.
Ram is a HUMAN and Human has a picture. And U go against the VEDAS.
I think this guy want to deviate the locals & himself far from the TRUE GOD, who says God forgives every SIN except associating PARTNERs with him.
May ALLAH protect us from associating PARTNER with him knowingly & unknowingly.
@pleasant ..
U cannot says suddenly that shirk bec we have example here
some Christian community came to Makkha to meet our prophet saw wen they came they asked the place to pray ... Rasool saw arranged and gave them the plac
They are doing shirk. This is very bad manner.
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