Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, has recently taken various measures to protect domestic industry from unfair trade practices. Consequently, the number of anti-dumping duty cases has risen from 5 in 2016 to 25 up to 1^st November 2019.

 

Modi Government in Action Mode: In order to provide a level playing field for the domestic industry and protect it from unfair trade practices in a time bound manner, the Government has strengthened several trade remedial measures. pic.twitter.com/NBQfmzXlsn

— Piyush Goyal Office (@PiyushGoyalOffc) November 19, 2019

Further, the streamlining of anti-dumping investigation process has reduced the number of days taken for initiating investigation and has also led to a reduction in the number of cases. This was facilitated due to trade notice number 03/2018 dated 1^st February 2018 regarding streamlining of anti-dumping investigation process and scrutinizing of petitions.

Expeditious processing of applications has eliminated the need for domestic industry to update information and data. DGTR has, for the first time, initiated two cases of bilateral safeguards this year.  No bilateral safeguard case has ever been initiated in the past.

There has been a reduction in the number of actual days taken to initiate investigations. Average number of days taken for initiation of anti-dumping investigations during this year is 32 days as compared to 110 days during 2017 and 259 in 2016.

The steps taken by DGTR has provided a level playing field for domestic industry and the average number of days taken for initiation of countervailing duties (CVD) cases during 2019 was 66 days as compared to an average of 72 days in 2018. The actual average number of days taken for initiation of global safeguards at present is 61 days as compared to the standard 75 days earlier.

 

Click here for DGTR Trade Notice 02/2018

 

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MM/ SB

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