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Finance, commerce ministries in a turf war

Safeguards directorate falls under CBEC, anti-dumping directorate falls under commerce dept

Finance Minister Arun Jaitley
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Finance Minister Arun Jaitley addressing a press conference regarding the powers given to Reserve Bank to identify specific loans gone bad and enforce quicker resolution, at his office in New Delhi (Photo: PTI)

Dilasha Seth New Delhi
A tussle is brewing between the finance and commerce ministries over the formation of a trade remedies body to guard Indian industry from rising protectionism.
 
The department of revenue has objected to a draft Cabinet note circulated by the department of commerce to merge the safeguards and anti-dumping directorates into a directorate of trade remedies.
 
The Central Board of Excise and Customs (CBEC) has contested the structure of the new body, proposed to be under the department of commerce and headed by an additional secretary.
 
At present, the safeguards directorate falls under the CBEC and the anti-dumping

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