Dumping of Chinese solar panels in India is estimated to have cost 2 lakh jobs, a parliamentary panel said and has asked the commerce department to properly implement its probing arm Directorate General of Antidumping and Allied Duties (DGAD) suggestions.
Parliament Standing Committee on Commerce said that it is disheartening to note that India was one of the major exporters of solar products between 2006-2011 before China started dumping their products at the cost of Indian manufacturers.
“Presently, the exports from India have been decimated and brought to a standstill,” the report said, adding that the government must take strong note of such dumping.
Immediate trade remedial measures need to be deployed to protect the domestic solar industry, it said.
Further noting that tariff barrier is an important tool to counter dumping of Chinese goods, it said: “The government tariff protection must also be accompanied with production subsidy or incentives which can be a match to Chinese assistance so that our domestic production gets a real boost.”
Reference- TOI, ET, The Hindu