Govt May Check Import Of Key Sanitiser Ingredient

NEW DELHI : India’s trade remedies directorate has recommended the use of safeguard measures for two years on a key ingredient used in making hand sanitisers and cosmetics to check imports if they go past a specified level — marking the first time that quantitative restriction has been proposed.

In its recommendations to the government, the Director General of Trade Remedies (DGTR) noted that there has been a surge in imports, which was undercutting domestic prices.

“The domestic industry has suffered serious injury, as established by significant deterioration in its overall performance, in respect of parameters such as market share, production, sales, capacity utilisation, and profitability, which have sharply declined in the most recent period,” it said, adding that the increase was due to unforeseen situation.

While acknowledging the increase was partly driven by the demand for hand sanitisers during Covid, DGTR said that the proposed action on isopropyl alcohol could be put on hold by the government in case the pandemic flared up.

  • Related Posts

    • Pharma
    • March 27, 2024
    • 95 views
    Spurious drugs: Maiden Pharma blacklisted, all contracts cancelled

    Haryana has blacklisted Maiden Pharmaceuticals Ltd, based at Sonepat, for three years, thereby debarring the firm from participating in state tenders. All rate contracts issued to the firm have also…

    • Pharma
    • March 27, 2024
    • 66 views
    DCC Calls For Strict Implementation Of Revised Schedule M, State-Level Activities To Address AMR

    New Delhi: The Drugs Consultative Committee (DCC), the advisory committee formed by the Central government to advise the Central and state governments on matters that require uniform implementation of drug laws…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Spurious drugs: Maiden Pharma blacklisted, all contracts cancelled

    Spurious drugs: Maiden Pharma blacklisted, all contracts cancelled

    DCC Calls For Strict Implementation Of Revised Schedule M, State-Level Activities To Address AMR

    DCC Calls For Strict Implementation Of Revised Schedule M, State-Level Activities To Address AMR

    Sanofi, Cipla Join Hands To Expand Reach Of CNS Portfolio In India

    Sanofi, Cipla Join Hands To Expand Reach Of CNS Portfolio In India

    Cyberabad Police Seize 1 Kg Alprazolam, Arrest Three

    Cyberabad Police Seize 1 Kg Alprazolam, Arrest Three

    Lee Health develops natural capsule for effective Heart care

    Lee Health develops natural capsule for effective Heart care

    Medical Shop Run By Twenty20 In Kizhakkambalam Asked To Shut Down

    Medical Shop Run By Twenty20 In Kizhakkambalam Asked To Shut Down