New Delhi, Nov 19 (PTI) The government has taken several steps like reduction in time to initiate anti-dumping cases to protect domestic companies from unfair trade practices, Union minister Piyush Goyal said on Tuesday.
The commerce and industry minister in a tweet also mentioned the government has strengthened several trade remedial measures.
"In order to provide a level-playing field for the domestic industry and protect it from unfair trade practices in a time-bound manner, the government has strengthened several trade remedial measures," he said.
According to the information shared by the minister, the average number of days for initiation of an anti-dumping investigation dropped to 32 in 2019 from 259 in 2016.
The average number of days for the start of a probe for imposing countervailing duty has been declined to 66 in 2019 from 72 in 2016.
The number of anti-dumping cases initiated in 2019 was 25 against five in 2016, according to the information shared by the minister.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













Quickly


