The Foreign Trade (Development and Regulation) Amendment Bill, 2001, which seeks to permit the Centre to reimpose restrictions in case of surge in imports, has been referred to the Parliamentary Standing Committee on Commerce.
A Rajya Sabha communique said that the committee headed by Sikandar Bakht at its sitting on May 21 had decided to invite views and suggestions on the provisions of the Bill that was introduced in the upper House on April 24 this year.
The Bill also seeks to empower the central government to make rules to identify products which, due to surge in imports, are causing injury to the domestic industry as also the rules to determine the causes of injury for imposition of QRs.
However, QRs cannot be imposed on an article coming from a