imports: Current Affairs, GK & News - 2020-2021

India bans import of refrigerators, Air Conditioners completely

Published: October 17, 2020

India recently banned the import of refrigerants and air-conditioners completely tightening norms on “non-essential” imports. This has been done to reduce imports from China and tighten local manufacturing. This says that an importer cannot fill in the refrigerant outside India. Thus, he will have to create assembly units using the local work force. This will ..

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GSFC launches indigenous varieties of Calcium Nitrate and Boronated Calcium Nitrates

Published: October 9, 2020

On October 9, 2020, the Gujarat State Fertilizers and Chemicals India Limited (GSFC) launched the indigenous variety of boronated calcium nitrate and Calcium nitrate. The Chemicals are being manufactured in the country for the first time. All these years these Chemicals were imported from other countries Calcium nitrate The calcium nitrate is used as water ..

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India to set up Coal Exchange

Published: June 9, 2020

India is to set up Coal Exchange trading platform soon. According to the proposal to set up the India Coal Exchange platform, the entire coal mined in the country is to be traded on a common platform called “Coal Exchange”. Why is Coal Exchange important? It is important to set up the trading platform as ..

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GoI: 10 Sectors identified to cut imports

Published: June 4, 2020

On June 3, 2020, the Department of Promotion for Industry and Internal Trade identified 10 sectors where in the imports are to be cut. This includes textiles, jewelry, mobile, gems, pharmaceuticals, garments, electronics, machinery, etc. Highlights The GoI has recently changed the set targets in order to become self-reliant in footwear, furniture and air conditioner. ..

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India: The Second Largest Manufacturer of PPE in the world

Published: May 22, 2020

On May 21, 2020, India became the second largest producer of Personal Protective Equipment in the world. China is the leading producer of PPE in the world. Highlights The Ministry of Textiles has been taking several measures to maintain the quality of PPE alongside manufacturing. Background Initially India faced several challenges in increasing quality PPE ..

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