Question : National Policy for Imports

(a) whether the Government proposes to formulate a National Policy to increase short term and long term imports and to establish balance between the Industry and products/producers by identifying problems related to supply and demand;
(b) if so, the details thereof;
(c) the progress made in this regard and the time by which the said policy is likely to be finalised; and
(d) the benefits accrued/likely to accrue to industries and producers as a result thereof?

Answer given by the minister

THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (INDEPENDENT CHARGE)
(SMT. NIRMALA SITHARAMAN)

(a) to (d): No such matter is under consideration of Government. The Foreign Trade Policy (2015-20) is already in place since 1 April, 2015.

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