As per the recent tweet of CNBC-TV18, the Sources say Govt is working on a multi-pronged strategy to reduce dependence on Chinese import:-
- Individual Line Ministries To Take A Call w.r.t. Govt Contracts With Chinese Cos
- Fin Min, Commerce Min & Line Ministries Held Discussion On Policy Options
- Proposals On Increasing Customs Duties On Chinese Imports Sent To Fin Min
- Fin Min & Commerce Min To Assess Duty Impact For Chinese Imports, Conformity With WTO Norms, Impact On Manufacturing Activity
- Commerce Ministry Held Discussions With Pharma, MSMEs, Power, Renewable Energy
- Some Depts Say Customs Duty Hike Will Hurt ‘Make In India’ Efforts
- Formal Proposal Yet To Be Made For PM’s Consideration
Source: https://twitter.com/CNBCTV18Live/status/1273525079746375680