Ladakh Standoff: Another big shock for China as India takes THIS decision

The Indian government led by Prime Minister Narendra Modi government has given many major economic shocks to China by taking one big decision after another.

Ladakh Standoff: Another big shock for China as India takes THIS decision
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New Delhi: The military confrontation with India in eastern Ladakh is turning out be extremely expensive for China.


The Indian government led by Prime Minister Narendra Modi government has given many major economic shocks to China by taking one big decision after another. 


After banning about 100 Chinese apps, the government has given another big shock to China. The government has banned the import of television sets from China. 


According to information from sources, the government has taken this step to promote domestic manufacture of television sets in the country. 


The import policy regarding television sets has been changed from free to restricted. As per the new policy, television sets with screens ranging in size from 36 cm to 105 cm have been banned. Along with this, LCD TV sets with screens less than 63 cm are also banned. 


To put any item in the restricted category means that a license has to be obtained from the DGFT of the Ministry of Commerce before importing that product. According to some estimates, at present about 36 percent of television sets in India are imported. 


The Indian government led by PM Modi wants to reduce dependence on imports as part of the 'Atmanirbhar Bharat' campaign. An increase in the manufacture of television sets in India will increase employment, save foreign exchange and strengthen the country's economy.


About $ 1 billion worth of imports during 2018-19


India imports television sets mainly from China. Apart from China, television sets are also imported from Vietnam, Malaysia, Hong Kong, South Korea, Indonesia and Thailand. Television imports during 2018–19 were approximately worth $ 1 billion. China ($ 535 million in 2018-19) is the largest exporter of television sets to India. It was followed by countries such as Vietnam ($ 327 million), Malaysia ($ 109 million), Hong Kong ($ 10.52 million, Korea, Indonesia, Thailand and Germany).

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