Gadkari for scraping plan to impose duty on solar gear imports
New Delhi: Road Transport, Highways and Shipping Minister Nitin Gadkari has asked Commerce Minister Nirmala Sitharaman to scrap the proposal to impose anti- dumping duty on solar power gear imports saying the levy will double the cost of the equipment.
In a letter to Sitharaman, he said: "The duty if imposed, it would escalate the cost of solar power by about 100 per cent."
He said the indigenous manufacturers can be compensated with appropriate subsidy.
"I have a firm view that the indigenous solar cell industry, which is in nascent state, needs protection and nurturing," Gadkari added.
The Commerce Ministry last month had recommended levying anti-dumping duty on solar cells imported from the US, Malaysia, China and Chinese Taipei.
The ministry had suggested restrictive duty in the range of USD 0.11-0.81 per watt.
The levy would be applicable on solar modules and cells assembled partially or fully, originating in or exported from these countries.
Download the all new Zee News app for Android and iOS to stay up to date with latest headlines and news stories in Politics, Entertainment, Sports, Technology, Business and much more from India and around the world.