Home Business News Today From textiles to furnishings, 350 objects might face non-tariff limitations - Enterprise...

From textiles to furnishings, 350 objects might face non-tariff limitations – Enterprise Commonplace

Transfer is in keeping with govt’s ‘Atmanirbhar Bharat’ goal

Subjects

import | Make in India | Domestic industry

The federal government is contemplating import restrictions on greater than 350 objects, together with digital items, toys, furnishings, and textiles, by putting in non-tariff limitations to help home business. Steps resembling introducing an import-monitoring system for some and necessary licensing necessities for others are being examined.

The transfer is in keeping with the “Atmanirbhar Bharat” goal, to chop import dependence, and encourage manufacturing and demand for regionally made items. Departments and ministries together with finance; commerce; micro, small, and medium enterprises …

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First Revealed: Sat, July 11 2020. 06:10 IST

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