A network-related or instance-specific error occurred while establishing a connection to SQL Server. The server was not found or was not accessible. Verify that the instance name is correct and that SQL Server is configured to allow remote connections. (provider: Named Pipes Provider, error: 40 - Could not open a connection to SQL Server) Exercise makes you happier than having money, according to Yale and Oxford research, Global : Today Indya

Latest News

  • Home
  • National
  • Cement, fruit shipments from Pakistan among 10 most hit imports after duty hike
Cement, fruit shipments from Pakistan among 10 most hit imports after duty hike
Monday, February 18, 2019 IST
Cement, fruit shipments from Pakistan among 10 most hit imports after duty hike

The top ten products exported by Pakistan to India include fresh fruits, cement, petroleum products, minerals, and leather. Processed minerals, inorganic chemicals, raw cotton including waste, cotton fabrics, and glass and glassware are also among such items that account for 95 per cent of the total shipments.

 
 

Fresh fruits, cement and leather are among the 10 main imported items from Pakistan that would take a major hit following the imposition of 200 per cent customs duty by India on products from the neighbouring country in the aftermath of Pulwama terror attack, say experts.
 
The top ten products exported by Pakistan to India include fresh fruits, cement, petroleum products, minerals, and leather. Processed minerals, inorganic chemicals, raw cotton including waste, cotton fabrics, and glass and glassware are also among such items that account for 95 per cent of the total shipments.
 
"After drastically hiking the import duty on goods coming from Pakistan, we will isolate them in front of trade. Hiking of the duty at this level would completely hit exporters of Pakistan," Professor Biswajit Dhar of Jawaharlal Nehru University (JNU) said.
 
Sharing similar views, Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai said that Pakistan would face significant impact due to this decision.
 
The two main items imported from Pakistan are fruits and cement, which attracted customs duty of 30-50 per cent and 7.5 per cent, respectively.
 
Domestic importers who have already placed their orders from Pakistan may face issues after this decision.
 
They may have to pay the 200 per cent duty or undertake lot of paperwork to get their consignments, an industry source said.
 
Taking strong economic action against Pakistan following the Pulwama terror attack, India Saturday raised the customs duty to 200 per cent on all goods imported from the neighbouring country.
 
India's imports from Pakistan had increased to USD 488.5 million in 2017-18 from USD 455.5 billion in 2016-17.

 
 

Hike in the duty would drastically increase the prices of Pakistani goods in Indian markets which would make them far less competitive as compared to other imported goods.
 
Slapping an import duty of 200 per cent effectively means almost banning the imports from Pakistan.
 
Total India-Pakistan trade has increased marginally to USD 2.41 billion in 2017-18 as against USD 2.27 billion in 2016-17.
 
At least 40 CRPF personnel were killed and five injured on Thursday in one of the deadliest terror attacks in Jammu and Kashmir when a Jaish-e-Mohammad suicide bomber rammed a vehicle carrying over 100 kg of explosives into their bus in Pulwama district.

 
 
 
 
 

Related Topics

 
 
 

Trending News & Articles

 Article
'Worse than prison': A rare look inside China's detention camps to 'brainwash' Muslims

ALMATY: Hour upon hour, day upon day, Omir Bekali and other detainees in far western China's new indoctrination camps had to disavow the...

Recently posted . 218K views . 1 min read
 

 Article
What The Shape Of Your Belly Button Says About Your Health

If you have payed attention to the belly buttons of people on the beach or the members of your family, you have probably noticed that they have different shapes and...

Recently posted . 10K views . 2 min read
 

 Article
New ‘Langya’ virus hits China as 35 people found infected: How deadly is it?

The Langya henipavirus has a place with a similar group of infections, including Nipah, which is known to kill up to 3/4 of people in extreme cases.

Recently posted . 6K views . 1 min read
 

 Article
Queen Elizabeth Dies At 96: The New Royal Line Of Succession

Queen's death: The eldest of her four children, Charles, Prince of Wales, who at 73 was the oldest heir apparent in British history, became king immediately...

Recently posted . 5K views . 1 min read
 

 
 

More in National

 Article
Parallel Universe Discovered? No, NASA Hasn't Found a Universe Where Time Runs Backwards

Don’t pack your bags just yet!   HIGHLIGHTS -- NASA hasn’t found a...

Recently posted. 1K views . 2 min read
 

 Article
Johnson & Johnson fined $8 billion for not telling consumers drug could grow breasts in men

A US jury on Tuesday awarded $8 billion in punitive damages against Johnson & Johnson and one of its subsidiaries over a drug the companies made that is alleged...

Recently posted. 957 views . 1 min read
 

 Article
Just How Harmful is Facebook? Research Suggests it is Bad For Your Health

Reaffirms the fears about the impact on physical and mental health.  

Recently posted. 762 views . 0 min read
 

 Video
Mother's Love Can Conquer Any Fear!!!



Recently posted . 955 views
 

 Photo
7 Image With Deep Meaning



Recently posted . 3K views
 

 Reviews
The Best 5 Hiking Backpacks in India – Reviews & Buying Guide



Recently posted . 3K views . 140 min read
 

 Reviews
Leaseweb hosting review



Recently posted . 4K views . 67 min read
 

 Article
Nestlé cautions against counterfeit Maggi

The company urges buyers to double-check the logo on the pack to ensure it's not fake Maggi.

Recently posted. 1K views . 0 min read
 

 Article
US President Donald Trump's new disruptive H-1B visa move can be a boon for India

  NEW DELHI: More than 500,000 skilled Indian workers might have to come back from the US if a proposal by the Donald Trump administration not...

Recently posted. 730 views . 2 min read
 

 
 
 

   Prashnavali

  Thought of the Day

“All life is an experiment. The more experiments you make the better.”
Anonymous

Be the first one to comment on this story

Close
Post Comment
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST


ads
Back To Top