-The Telegraph The curbs will stall the supply of syringes to international agencies and countries dependent on Indian-made devices The Centre has imposed temporary Export restrictions on syringes for Covid-19 vaccines to address a possible shortage that industry executives say could have been averted through government planning they had first requested over 18 months ago. The Union health ministry on Saturday announced restrictions on the export of a range of auto-disposable, disposable and...
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Centre imposes stock limits on edible oils to soften the prices of edible oils in the domestic market
-Press Information Bureau/ Ministry of Consumer Affairs, Food & Public Distribution The Department of Food and Public Distribution in a landmark decision has imposed stock limits on Edible Oils and Oilseeds for a period upto 31st March, 2022. The Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Amendment) Order, 2021 has been issued with immediate effect i.e. from 8th September, 2021.Future trading on Mustard Oil and Oilseeds was...
More »With fewer migrants returning in COVID 2.0, U.P. says many stayed back after 1st wave
-The Hindu U.P. was the only State to do a skill mapping exercise of returning migrants last year, says an official Just four lakh migrant workers returned to Uttar Pradesh during the second COVID-19 wave this year, compared to 40 lakh workers after the national lockdown of 2020, indicating many of these workers may not have returned to their earlier workplaces after the first wave and got gainfully employed in U.P., top...
More »US vaccine ‘gift’ to India may not be substantial -Suhasini Haidar
-The Hindu Vaccine gifts of 2-3 million doses may have little impact on India: officials The government on Friday welcomed the U.S. decision to lift restrictions under its Defence Production Act on the export of vaccine ingredients to AstraZeneca vaccine manufacturers worldwide, which would help the Serum Institute of India produce more doses. However, Washington’s announcement of gifting India and dozens of other countries with a first tranche of 25 million doses of...
More »WTO urges India to reduce tariffs -Asit Ranjan Mishra
-Livemint.com * Frequent policy changes create uncertainty, says report * India’s agri tariff rose from 36.4% in FY15 to 36.5% in FY21, while non-agricultural tariff rose from 9.5% to 11.1% India’s average tariff increased to 14.3% in FY21 from 13% in FY15 with the country’s policymakers frequently using trade policy measures to encourage domestic production and curb inflation, the World Trade Organization (WTO) said in its latest Trade Policy Review for Asia’s third-largest...
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