Dear all,
Welcome.
Welcome.
Anti-dumping duty: The Central govt. had started investigation into the domestic complaints regarding alleged solar cell dumping in India by US, China, Malaysia & other countries. Director General of Anti-Dumping(DGAD) coming under the Ministry of Commerce had taken cognizance of the fact & started initial investigation after getting the first-hand evidence.
In a notification, DGAD stated that complaints about cheaper solar cells and manufactured outside India & being dumped here are received. The Directorate may recommend for anti-dumping duty on the quantity after checking the complaint, and its effect. The Solar manufacturers Association had registered a complaint. DGAD would check the solar cell imports during Dec.2011. However, the data pertaining to past three years would also be checked. The Association had sought retrospective anti-dumping duty on it.
In a notification, DGAD stated that complaints about cheaper solar cells and manufactured outside India & being dumped here are received. The Directorate may recommend for anti-dumping duty on the quantity after checking the complaint, and its effect. The Solar manufacturers Association had registered a complaint. DGAD would check the solar cell imports during Dec.2011. However, the data pertaining to past three years would also be checked. The Association had sought retrospective anti-dumping duty on it.
Manuf. sector: India may become second most competitive economy during the next five years. The Global research firm, Deloitte, and "US Council on Competitiveness" stated it in a report.
China would continue to remain on top in manufacturing sector till next five years whereas India & Brazil would move to second and third position respectively. The report states that availability of skilled labour, strong domestic demand, and incomparable geographical location might render such status. India has already speciality in service sector & it could be seen in manufacturing too. But hurdles are to be removed in Education & Basic Infrastructure sector for development. If it happened, India's achievements would be apprised all over the world during the next five years. Presently in manufacturing sector, next to China is Germany & USA later. India stands at fourth position with S.Korea as fifth, Taiwan as sixth & Canada as seventh along with Brazil as eighth, Singapore as ninth & Japan as tenth position holder.
With higher interest rates, dearness & recession in EU countries, the economic growth may further slack in Q3 of this fiscal year. However, in Q4, it may improve. It is predicted by ASSOCHAM. It was 5.5% in Q1 followed by 5.3% in Q2.
China would continue to remain on top in manufacturing sector till next five years whereas India & Brazil would move to second and third position respectively. The report states that availability of skilled labour, strong domestic demand, and incomparable geographical location might render such status. India has already speciality in service sector & it could be seen in manufacturing too. But hurdles are to be removed in Education & Basic Infrastructure sector for development. If it happened, India's achievements would be apprised all over the world during the next five years. Presently in manufacturing sector, next to China is Germany & USA later. India stands at fourth position with S.Korea as fifth, Taiwan as sixth & Canada as seventh along with Brazil as eighth, Singapore as ninth & Japan as tenth position holder.
With higher interest rates, dearness & recession in EU countries, the economic growth may further slack in Q3 of this fiscal year. However, in Q4, it may improve. It is predicted by ASSOCHAM. It was 5.5% in Q1 followed by 5.3% in Q2.
With regards,
M.K.Pachraiya
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