Amid rumors that cheap Chinese apples are coming to India, Trade Minister Piyush Goyal, dismissing them, said the government has not reduced any tariffs and all imports are taking place in accordance with WTO stipulations. .
“Some people are spreading the lie that the government has reduced taxes on apples from China. It is an unfounded rumor. The government has taken no such decision,” he said. at a press conference on Wednesday.
All imports take place according to the standards prescribed by the World Trade Organization (WTO), he said.
“I was asked this question earlier as well … No such decision has been made. I think some people’s job is just to spread baseless rumors that make no sense,” he said. he declared.
Chinese power crisis
Responding to questions about whether the Chinese electricity crisis offers opportunities for Indian exporters, he said, there are many opportunities for domestic companies.
“Today the nation is ready to seize these opportunities head-on. We are a nation of entrepreneurs, industrialists and businessmen. We are a nation of MSMEs who feel empowered to deal with the rest. of the world with confidence, “said the Minister. at the conference.
In the current fiscal year, India’s exports stood at $ 185 billion through September 21 and could reach $ 195 billion by the end of the first half of 2021-2022. Indian exports amounted to USD 290 billion in 2020-21.
“We all know very well that any year, if you split it into two halves, you have a much better performance (in the second half) than the first of a normal year.
“We are at $ 185 billion as of Sept. 21. Hopefully we will close at $ 195 billion by the end of the semester…” Goyal said.
(With contributions from agencies)
Never miss a story! Stay connected and informed with Mint. Download our app now !!
