Why the government is identifying 100 products to cut import dependence

Why the government is identifying 100 products to cut import dependence

India is preparing a fresh manufacturing push centred on identifying nearly 100 products that are either not produced domestically or are inadequately manufactured despite existing capability, signalling a sharper industrial policy focus amid shifting global supply chains, geopolitical tensions and the country’s ambition to emerge as a global manufacturing hub.The initiative, outlined by Department for…

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Government changes status from 'free' to 'restricted'

Government changes status from ‘free’ to ‘restricted’

The government has imposed restrictions on silver imports, according to an official order issued on Saturday, as authorities continue efforts to regulate bullion inflows and reduce pressure on the country’s external sector.In a notification, the Directorate General of Foreign Trade said the import policy for silver, including silver alloys with gold and platinum, has been…

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