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Centre rolls back its plan to license laptop, PC imports

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Centre rolls back its plan to license laptop, PC imports

  • The Government rolled out an ‘import management system’ for IT hardware, including laptops and computers, modifying its initial stance of imposing physical restrictions.

Highlights:

  • The notification comes just days after concerns were raised by US, China, South Korea and Taiwan at a recent World Trade Organisation meeting.
  • Under the proposed system,
    • IT hardware companies will be required to register and disclose data related to their imports, and countries from which they import.
    • This comes as a big relief to the industry which feared that the previous licensing notification would lead to a kind of quota system.
  • The key idea behind the measure is to check imports of laptops and computers, especially since a majority of them come from China
    • The Centre was planning to loosen its stance on import curbs, and was building the so-called import management system as a measure to monitor imports.
    • The import of electronic goods increased to $6.96 billion from $4.73 billion in one year period
    • China accounts for roughly 70-80 per cent of the share of India’s imports of personal computers, laptops.

Prelims Takeaway

  • Ministry of Commerce
  • PLI Scheme

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