Trending News
Baltic Exchange Market Report (10 May 2024)...
  Daily Exim

NEWS DETAILS

Date: 29/04/2024

India to ramp up steel import monitoring portal
 
The Steel Ministry is working on strengthening reporting norms for import shipments, and the reporting portal is being ramped up. This comes in the wake of several suspected instances of misreporting or under-reporting of shipment details. One of the key objectives of this overhaul is to ensure that steel import data is reported in a timely manner, allowing policymakers to make informed decisions and respond swiftly to market developments. By adopting an electronic reporting system, India aims to enhance its ability to monitor steel imports and targets the more effective enforcement of trade regulations. Additionally, the proposed system is expected to provide greater transparency by making import data readily accessible to relevant stakeholders, including government agencies, industry players and the public. This transparency will be crucial for promoting fair and legal trade practices in the steel industry, as per a report.
 
Source: Exim News Service: New Delhi, April 28



Featured News

EXIM INDIA ONLINE SERVICES

APPOINTMENTS

View All

USEFULL LINKS

View All

Introduction

EXIM INDIA is a reputed and all-India recognised premier publishing house. It publishes a daily newspaper.

It publishes a daily newspaper "Exim Newsletter" from Mumbai, Gujarat and New Delhi / NCR / North India, and Exim India - 'Shipping Times' from Kolkata, Chennai, Cochin and Tuticorin for the last 46 years.

Read More

QUICK LINKS

Contact Details

Inquiry

© | Exim India. All rights Reserved.