Highest Anti-Dumping Cases Against China: Govt.

New Delhi: India has initiated 149 anti-dumping cases against China, which accounted for over half of such actions taken by the country against foreign nations, Parliament was informed Wednesday.
     
The Directorate General of Anti-Dumping and Allied Duties (DGAD) under the Commerce Ministry investigates complaints made by the domestic industry about alleged dumping of goods in the country that has caused injury to indigenous manufacturers.
     
"The DGAD has so far initiated anti-dumping investigations in 272 cases, involving various countries since 1992. Out of these, 149 cases involve China... At present, 77 anti-dumping measures are in force against China," Minister of State for Commerce and Industry Jyotiraditya Scindia said in a written reply to the Rajya Sabha.
     
Anti-dumping duty is imposed on imports check predatory pricing of products.
     
Countries initiate anti-dumping probes to assess whether domestic industry has been hurt because of a surge in cheap imports. As a counter-measure, they impose duties, as permitted under the multilateral WTO regime.
     
The duty also ensures fair trading practices and creates a level-playing field for domestic producers vis-a-vis foreign producers and exporters resorting to dumping.
     
Unlike safeguard duty, which is levied in a uniform way, anti-dumping duty varies from product-to-product and country-to-country.
     
In a separate reply, Scindia said between 1991 and October, 2011, 3,418 industrial units were closed, with 2,35,856 workers affected as a result.

Source : zeenews.india.com