All foreign firms registering products for sale in India must refer to the “country of origin”.
new Delhi:
The Center is expected to accelerate the India campaign for Chinese products and services in India amid changes in the rules and the ongoing economic stalemate between India and China to promote Make in India.
Following the violence in Ladakh last week, which killed 20 soldiers and injured more than 70, there has been a call from the community of traders as well as civil society to boycott Chinese goods and services.
Under the new rules, all foreign companies registering new products for sale in India must refer to the government e-marketplace – a state-run online portal – “country of origin” – the government said today.
It will also be mandatory for existing products.
“Sellers, who uploaded their products to GeM before this new feature arrived, are being regularly reminded to update the Country of Origin, with a warning that if updating their products If they fail, they will be removed from GeM, ”the government said.
Sellers have to mention the “percentage of local content” in the product, the government said, so buyers can make an informed choice.
“With this new facility, now, the local content percentage is visible in the market for all materials along with the country of origin,” the government said. The statement added, “The important thing is that the ‘Make in India’ filter is now enabled on the portal. Buyers can only choose to purchase products that meet the minimum 50% local content criteria.”
After the clashes in the Galvan Valley of Ladakh last Monday – the worst in nearly five decades – anti-China sentiment has been scorching the country.
A boycott of Chinese goods has been called by the All India Merchants Association – All India Merchants Association or CAIT.
Meanwhile, the government decided not to use state-of-the-art Bharat Sanchar Nigam Limited to use Chinese equipment in its 4G upgrades in view of security issues. A Rs 471 crore railway contract was awarded by a Chinese firm which was shown to be “in the wake of poor progress”.
China is predicting that the backlash will be short-lived in view of India’s economic constraints, the Chinese government mouthpiece Global Times has predicted. The small economy cannot enforce “sanctions” on a large scale and “will do more harm to India” starts trade war against China, “a recently read article.
However, the government’s move was welcomed by industry circles, and the ideological patron of BJP – the economic wing of the Rashtriya Swayamsevak Sangh – that it should be extended to other online platforms such as Amazon.
Swadeshi Jagran Manch co-convenor Ashwini Mahajan quoted the news agency Reuters as saying, “The government should extend the rules on all platforms so that consumers will have the option of not buying Chinese products.”
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