Unethical trade: Anti dumping duty imposed on goods imported from china

The anti-dumping duty imposed on around 90 items which were imported from China and two of them were the pharmaceutical product. Anti-dumping acts are presently in progress against the alleged dumping of imports from China. China was involved in such unethical activities for the last few months and now they are caught red-handed.

The directorate general of trade remedies (DGTR), under the commerce ministry, conducts an anti-dumping investigation on the basis of the duly substantiated application filed by the domestic industry alleging dumping of goods from China into our country, that causing injury to the domestic industry.

The basic intention of the anti-dumping duty is to eliminate the damage caused to our domestic industry by the unfair trade practices of dumping and to create a level playing field for the domestic industry.And the government is making consistent efforts for achieving a more balanced trade with China, India's trade with china decreased from $89.71 billion in 2017-18 to $87.07 billion in 2018-19. During this period India's imports from China declined from $76.38 billion in 2017-18 to $70.32 billion in 2018-19, and the exports grew from $13.33 billion in 2017-18 to $16.75 billion in 2018-19. And as a result, India's trade deficit with china reduced from $63.05 billion to $53.57 billion in the same period.