Key Points
India's push to make the country Atmanirbhar, Indias Finance Ministry is now becoming increasingly selective in levying dumping duty with the rejection rate increasing to 43 per cent after August 2020, reported TOI...
Between 1991 and August 2020, the Directorate General of Trade Remedies (DGTR), a quasi-judicial body recommended the imposition of anti-dumping duty in 1,039 cases and it was accepted into all but seven cases, resulting in a rejection rate of 0.7 per cent, showed data compiled by Centre for Digital Economy Policy Research...
The Atmanirbhar Bharat campaign that came into existence after the pandemic has shown that DGTR's rejection rate is now 43 per cent as only 61 of its 141 recommendations have been accepted, according to data accessed by TOI...
Of 29 per cent of the rejected cases where China was the sole country, products that were imported into India, included tyre, amoxycillin, melamine and nylon tyre cord fabric, among others...
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