Imports

Strategy paper on coal import substitution: Inter-ministerial committee report

The “Strategy paper on Coal Import Substitution” has been prepared as a report of the IMC (Inter-Ministerial Committee). The paper focusses on the present energy mix of the country, domestic coal production, trends and projections, import trends (sector-wise), coal import substitution measures already taken by the Government and most importantly, …

A strategy born out of serendipity

Delay in environmental clearances and increasing dependence on imported coal trigger a new strategic coal-securing policy India Inc seems to have hit upon a new strategic coal policy

No radiation threat from Japan imports

Mumbai: Indians face no danger, at least for the moment, of any radioactive contamination if they come in contact with imported Japanese products like cars, TV sets, electronic items and other consumer goods. The firm assurance was given on Thursday by chairman of the Atomic Energy Regulatory Board (AERB) S …

Solar Mission Projects Could See Ban on Imported Equipment

The government is considering a ban on import of equipment for projects under the National Solar Mission. The move will benefit domestic solar equipment suppliers, but project developers say it could prevent the government from achieving its target of 20,000 mw of solar power generation capacity by 2022. "Over 70% …

India-Japan Cepa to boost bilateral trade to $25 bn

India on Wednesday signed the much-awaited comprehensive economic partnership agreement (Cepa) with Japan under which New Delhi agreed to remove tariffs on 94% of goods over ten years. The deal is expected to boost bilateral trade between the two countries to $25 billion from $10.3 billion at present. This is …

Latin America May See Food Riots as Commodities Soar

Countries in Latin America and Africa, including Bolivia and Mozambique, are most at risk of food riots as prices advance, the United Nations said. The past month

US imports challenge biodiesel industry

Already under pressure for delayed blending, the domestic biodiesel industry is facing another challenge in the form of imports from the US. Last July, a shipment of 20,000 tonnes biodiesel from the US reached India. Another shipment of same quantity, at a price of less than $1,000 per tonne (at …

Agriculture revolution: Invest in lifetime of demand

India is facing severe food inflation due to lack of focus by the government in India and RBI is helpless in containing inflation with its monetary policy. What we need to do to tackle this long term problem is with a credible plan using organic farming to set our food …

Deregulation: Solving diesel conundrum

As crude oil prices continue to rise, diesel price reform becomes even more essential. At stake is the longterm sustainable development of India. While the case for deregulation appears strong, diesel price control imposes many costs on our country. The current diesel subsidy of about Rs 7 per litre costs …

Urea to come under NBS from Apr 1

The long-awaited move to bring urea under the Nutrient-Based Subsidy (NBS) scheme is likely to be announced in the upcoming finance budget, to be unveiled on February 28 even as the government would decontrol its prices gradually. The committee of secretaries (CoS) under Planning Commission Saumitra Chaudhuri is currently working …

Lanka may not import coconuts from Kerala

P K Balachandran | ENS THOUGH it was announced at the end of last year, that Sri Lanka would import millions of coconuts from Kerala to make up for a shortage of this essential cooking ingredient, it is now learnt that there may be no imports from Kerala because of …

No labelling for GM food

INDIA’S food regulatory authority is all set to notify a comprehensive food safety regulation by January 2011. The Food Safety and Standards (FSS) Regulation will integrate all previous food safety acts like the Prevention of Food Adulteration Act, 1954. But the draft regulations put up on the website of the …

India won’t ease milk norms for US

THE Union agriculture ministry has refused to lower standards for imported milk despite some coaxing by the Barack Obama administration during the US president’s recent visit to India. The Department of Animal Husbandry said its milk import norms would remain unchanged. The US dairy industry had for long been pushing …

Views differ on WTOs generics solution, IPR enforcement

A rarely-used system intended to help poor countries import generic versions of patent-protected drugs was the main focus of discussions at the October session of the TRIPS Council. Developing countries also raised serious concerns over the Anti-counterfeiting Trade Agreement.

India stops import, manufacture of anti-diabetes drug

The Drug Controller General of India (DCGI) Thursday suspended manufacturing and import of the anti-diabetic drug Rosiglitazone. The US FDA too had recently restricted its use after data suggested continued use of rosiglitazone (Avandia) could increase the risk of cardiovascular problems. European medicine agencies too had withdrawn the drug from …

Chinese honey route

Of late, honey is being associated with shady dealings, crime, and and a thriving illegal trade spanning the globe. One may wonder why honey, a natural product, is shipped illegally. The reasons become clear if one considers the stringent food safety regulations in Western countries and questionable beekeeping practices in …

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