HomeNewsBusinessEconomyGovt working on strategy on import regulation of non-essential items

Govt working on strategy on import regulation of non-essential items

The target is to formulate these regulations for about 5,000 products but the current focus is on 371 items which accounts for $127 billion worth of imports.

December 30, 2019 / 19:08 IST
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The government is working to formulate technical regulations, which includes safety and quality standards, for over 350 products with a view to cut imports of those non-essential items, an official said.

The issue was widely discussed during an inter-ministerial meeting this month.

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The Department for Promotion of Industry and Internal Trade, Department of Telecommunication, Department of Chemicals, IT and electronics ministry and steel ministry were consulted for imposition of import regulations.

The target is to formulate these regulations for about 5,000 products but the current focus is on 371 items which accounts for $127 billion worth of imports, the official said.