{"id":27272,"date":"2018-10-23T12:48:15","date_gmt":"2018-10-23T07:18:15","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=27272"},"modified":"2018-10-23T12:48:15","modified_gmt":"2018-10-23T07:18:15","slug":"centre-finalising-tariffs-on-non-essential-imports","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/centre-finalising-tariffs-on-non-essential-imports\/","title":{"rendered":"Centre finalising tariffs on non-essential imports"},"content":{"rendered":"<p><a href=\"https:\/\/www.thehindu.com\/news\/national\/centre-finalising-tariffs-on-non-essential-imports\/article25031625.ece\">Centre finalising tariffs on non-essential imports<\/a><\/p>\n<p><strong>News<\/strong><\/p>\n<ol>\n<li>The government is planning to impose curbs on imports of &#8220;non-essential&#8221; items to strengthen \u00a0the rupee.<\/li>\n<\/ol>\n<p><strong>Important Facts:<\/strong><\/p>\n<p>2. Non-essential items include electronics, gems, select items of steel that are also manufactured in India, imported apples, and almonds, among others.<\/p>\n<ol start=\"3\">\n<li><strong> Reasons for this move<\/strong><\/li>\n<\/ol>\n<ul>\n<li>The rupee is down about 12 per cent this year amid a widening current account deficit.<\/li>\n<li>Also, imports of non-essential items like gold and electronic goods have picked up significantly in recent months.<\/li>\n<\/ul>\n<ol start=\"4\">\n<li><strong> Other measures announced by government to curb rupee fall-<\/strong><\/li>\n<\/ol>\n<ul>\n<li>easing of overseas borrowing norms for manufacturing companies<\/li>\n<li>removal of restrictions on foreign portfolio investment in corporate bonds<\/li>\n<li>tax benefits on masala bonds<\/li>\n<\/ul>\n<ol start=\"5\">\n<li><strong> Impact of the move<\/strong><\/li>\n<\/ol>\n<ul>\n<li>The list would help in strengthening the rupee at about \u20b968-70 to the U.S. dollar.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Centre finalising tariffs on non-essential imports News The government is planning to impose curbs on imports of &#8220;non-essential&#8221; items to strengthen \u00a0the rupee. Important Facts: 2. Non-essential items include electronics, gems, select items of steel that are also manufactured in India, imported apples, and almonds, among others. Reasons for this move The rupee is down&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/centre-finalising-tariffs-on-non-essential-imports\/\">Continue reading <span class=\"screen-reader-text\">Centre finalising tariffs on non-essential imports<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-27272","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704878605},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/27272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=27272"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/27272\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=27272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=27272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=27272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}