IF the updated website of the Lieutenant Governor (L-G) of Puducherry is anything to go by, Kuniyil Kailashnathan, popularly known as ‘KK’ – the retired Gujarat cadre bureaucrat who took oath as L-G on Wednesday – is likely to continue to helm the Gandhi ashram redevelopment project. Sources said KK was hands-on on the ashram project in Ahmedabad till Tuesday. Just a month ago, the Gujarat government had put out a notification confirming that KK would lead the project “until further orders”. While the website of the Sardar Sarovar Narmada…
Tag: duty
Health sector | Customs duty cut on 3 cancer drugs: Hope for patients | India News
In her Budget speech Tuesday, Finance Minister Nirmala Sitharaman said, “To provide relief to cancer patients, I propose to fully exempt three more medicines from customs duties,” she said, referring to trastuzumab deruxtecan, osimertinib and durvalumab, three targeted therapy drugs with effective treatment outcomes that work by precisely identifying and inhibiting the growth of cancer cells. At present, these patented drugs, which are imported, are prohibitively expensive, costing around Rs 5 lakh a month, keeping it out of reach for most patients. Which is why, Sitharaman’s announcement – of slashing…
Rice prices jump 10% in just five days due to Dhaka duty cut
[ad_1] Indian rice prices have increased by 10 per cent in the last five days in both domestic and international markets. Bangladesh Reduced import duty and duty on rice from 62.5 per cent to 25 per cent, pushing Indian traders for export deals with the neighboring country. On June 22, Bangladesh came up with a notification that allows the import of non-basmati rice till October 31. This is the first time that Bangladesh has started importing rice. India It is feared so soon that India may impose restrictions on the…
SEA advocates zero import duty on soybean, sunflower oil till September instead of TRQ system
[ad_1] Stating that the Tariff Rate Quota (TRQ) for import of crude soybean and sunflower oils may hamper smooth supply chain of edible oils, industry body SEA on Thursday demanded that the government, instead of implementing the TRQ system, Make the import duty on both of them zero. Main cooking oil until September. TRQ is a quota for import quantities that will enter India at specified or zero duty, but once the quota is reached, the normal tariff is applied to additional imports. On May 24, the government had notified…