Effect of conditions:40 thousand crore rupees tenders were canceled or revived in Make in India

Advertisement

2020 achievements counted by the Ministry

Advertisement

The Ministry released the achievements of the year 2020 on Friday. During this time, the Ministry also said that unique products with export potential of 500 districts have been identified. It said that technical regulations (TRS) were prepared on products with an import value of about $ 47 billion. This is so as to ensure that low quality and harmful products do not enter the market.

Duty increased on 173 items

The ministry said customs duty was increased on 173 items and import of 44 items was either stopped or banned. 40 thousand crore rupees tenders were canceled and revised due to discrimination and restrictive conditions. 4905 patent applications were given an 80 percent exemption for startups and 50 percent discount on the filing fees of 12,264 trademark applications.

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement