-The Hindu India faces challenges linked to infrastructure and skill sets; and its policies are unpredictable The border clashes with China and the COVID-19 pandemic have reignited questions about India’s dependence on Chinese manufacturing. India’s Imports from China in 2019-2020 reached $65 billion, out of $81 billion two-way trade. Is the pandemic, as Union Minister Nitin Gadkari said last month, a “blessing in disguise” for Indian manufacturing? Will companies be able to...
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Don't boycott China, say MSMEs! Input cost will shoot 40% -Nirbhay Kumar
-Business Today MSMEs don't want the government to impose tariffs that will make buying raw materials from China difficult - all other countries sell lot more expensive * Higher tariff on key raw materials from China will raise input cost by 10-40% for MSMEs * Industry bodies want the government to chart out long-term plan for gradual Import substitution * Ad-hoc measures like raising tariff and putting trade barriers could end up hurting local...
More »Virus, outdated census method mar Gujarat’s lion numbers -Jacob Koshy
-The Hindu Efficacy of vaccine for CDV not known, data unavailable An outdated methodology and the true mortality from a virus affecting India’s lions dent the credibility of the Gujarat government’s claims on its lion population. In a press statement on Wednesday, Prime Minister Narendra Modi and Union Environment Minister Prakash Javadekar tweeted results of the 2020 Asiatic Lion Census that put the number of lions at 674, a 28% rise from...
More »COVID-19 exposes India’s dependence on China for active pharma ingredients -Kundan Pandey
-Down to Earth India Imports around 90 per cent of APIs used to make antibiotics, says an expert The novel coronavirus disease (COVID-19) pandemic has revealed India’s overdependence on China for active pharmaceutical ingredients (APIs) — also known as bulk drugs — defined by the World Health Organization as any substances used in finished pharmaceutical products. India’s pharmaceutical industry is the third-largest in the world in terms of volume. Two-thirds of the total Imports...
More »‘Govt sabotaging atmanirbhar plan’ -- farmers criticise masoor duty cut as global prices rise -Samyak Pandey
-ThePrint.in Modi govt reduced the Import duty on masoor to less than half on 2 June. Farmers and traders allege move is to aid influential trading groups. New Delhi: Farmers and traders are disappointed with the Narendra Modi government over its decision to cut the Import duty on lentils (masoor dal) to less than half even as the international prices have spiked by over 12 per cent. The agricultural stakeholders criticised the move...
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