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Friday, December 27, 2024 | 04:44 AM ISTEN Hindi

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Do not curb imports

The importers should be allowed to have freedom to access domestic or international markets at their choice instead of forcing cost hike of imports

Do not curb imports
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Business Standard
The editorial, “Importing worries” (December 20), aptly reflects that the move cannot be in the long-term interest. It is a desperate quick move to create demand for locally manufactured electronic goods, which will be viewed by global markets as a protective measure to favour the domestic industry. Instead, it is necessary to look at granular reasons for such imports made due to lack of availability of quality products at competitive prices. It is better to do a root cause analysis for pursuing import substitution instead of putting a spanner of enhancing customs duty. It is better to make the industry

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