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Govt may license import of ACs, TVs: reports

Jun 30, 2020 18:02 IST

The government is looking to license the import of 10-12 items, including air conditioners and several of its components and parts of television sets as it discourages the entry of foreign goods into the country, especially those from China, the Times of India reported. Unlike duty hikes, which are across the board, licensing can allow for import from select countries. Similarly, entry through designated ports helps monitor the goods better without holding up the entry of all items.

Economy