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TMI BlogImport of Cheap Chinese GoodsX X X X Extracts X X X X X X X X Extracts X X X X ..... Import of Cheap Chinese Goods X X X X Extracts X X X X X X X X Extracts X X X X ..... of any good presupposes that its domestic price is higher than foreign price. Hence, invariably imported goods will be cheaper than their domestic counterparts. Government have policies in place to e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nsure that interest of both domestic consumer and domestic producer of such goods are not severely jeopardized. To protect the consumers, quality/safety standards applicable to domestic goods are made ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... equally applicable to imported goods. To protect the domestic producers, Trade Defense Measures like Anti-dumping & Safeguard measures are available to the domestic industry to seek relief against un ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fair trade practices by exporters of goods from other countries. In case of electrical goods, safety is ensured through Electrical Wires, Cables, Appliances and Protection Devices and Accessories (Qu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ality Control) Order, 2003. Import of fireworks (crackers) is restricted and subject to licensing under Import Policy. This information was given by the Minister of State for Commerce & Industry Dr. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... D. Purandeswari in written reply to a question in Lok Sabha today.
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