Centre extends trade defence measures to domestic industry

December 2nd, 2009 - 7:26 pm ICT by ANI  

New Delhi, Dec 2 (ANI): The Union Government said here on Wednesday that trade defence measures are available to the domestic industry to counter unfair trade practices followed by exporters of goods from other countries.

In a written rely to the Rajya Sabha Union Minister of State for Trade and Commerce, Jyotiraditya Scindia said: “In case a product is imported into the country at less than its normal value, and it causes injury to the domestic industry, the domestic industry can make an application to Directorate General of Anti-Dumping and Allied duties (DGAD) in the Department of Commerce for imposition of anti-dumping duty.”

“Similarly, an application for imposition of safeguard duty can be made by the domestic industry to the Directorate General of Safeguards under the Finance Ministry in case there is serious injury/market disruption, or threat of series injury or threat of market disruption to the domestic industry, as a consequence of increased imports of an article into India,” he added.

Scindia informed the members that during 2008-09 and 2009-10 (up to November 2009) anti-dumping duty was imposed in 22 cases (final duty in 12 cases and provisional duty in 10 cases) and final Safeguard duty was imposed in 4 cases.

He also informed the house that in 2006-07 India imported goods worth Rs 79,008 Crore from China, this went on to Rs 1,09,116 Core in 2007-08 and in 2008-09 India imported materials of Rs 1,47,605 Crore from China. (ANI)

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