Huge amount of Chinese imports in India are proving detrimental to the health of Medium and Small Scale Enterprises (MSME). A parliamentary panel has asked the government to swiftly impose quality standards and check Chinese imports across several sectors – from toys and textiles to bulk drugs and bicycles – while noting that shipments from across the border have taken a toll on the domestic manufacturing sector. The imports are forcing such enterprises to shut down and lead to employment loss.
Reuters
“…India has been an easy dumping ground for Chinese goods on account of low price of Chinese goods, poor enforcement and porous border, both at sea and land,” the standing committee on commerce said in a report tabled in Parliament on Thursday. It said the US and the European Union have been “quite aggressive and agitated over the erosion of their domestic industry and loss of employment” and recommended that the government be more “proactive” in trade defence measures, such as anti-dumping and anti-subsidy actions, while imposing other restrictions.