World Trade Organization Organisation Mondiale du Commerce Organización Mundial del Comercio



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Production

23.09

10.1

Import

1.88

( )49

Export

1.68

96

Consumption

22.22

1.6

* Over same period of last year.

Source: JPC.

Overall trends:

  • Production for sale of total finished steel at 23.09 million tonnes (mt), registered a growth of 10.1% during April July 2011.

  • Imports of total finished steel at 1.88 mt in April July 2011, declined by 49%.

  • Exports of total finished steel at 1.68 mt in April July 2011, rose by 96%.

  • India remained a net importer of total finished steel, during April July 2011.

  • Real consumption of total finished steel at 22.22 mt grew by 1.6% in April July 2011.

China 41:

REPORT BY THE SECRETARIAT:SECTION IV: TRADE POLICIES BY SELECTED SECTORS: OTHER SECTORS

Question 41: Please provide details and reasons of restrictions in import and export of steel products since 2009.

Reply: There have been no restrictions on export of steel products over the years. Licensing requirement was imposed on import of a few steel items namely, "HR coil (7208)" and "other articles of iron and steel (73269099)" on 21 November 2008 and have been withdrawn on 8.1.2010 and 8.7.2010 respectively. These were short term measures taken at the time of global slowdown and the sudden increase in imports.

China 42:

REPORT BY INDIA: Paragraph 8

"While the growth rates of agriculture and industry have fluctuated, the services sector has been the engine of India's economic growth. With a share of more than 55% of the GDP and an annual growth rate of over 10%, this sector contributes about a quarter of the total employment."

Question 42: Please describe the main policies and measures for promoting the services industry in India.

Reply: Services sector has indeed played an increasingly important role in India's economic growth. In order to promote further growth of this sector the Government has announced measures from time to time in sectors such as tourism, shipping, IT and ITeS, ports, R&D etc. Some of the measures announced are as follows:

Tourism sector

Along with the continuation of promotional efforts under the Incredible India campaign, the Government has introduced the Visa on Arrival (VoA) scheme for tourists from five countries, namely Singapore, Finland, New Zealand, Luxembourg, and Japan on a pilot basis with effect from 1 January 2010. During January–December 2010, a total of 6549 VoAs were issued under this scheme. The VoA scheme has been extended to the nationals of Cambodia, Vietnam, Laos, and Philippines with effect from 1 January 2011 and Myanmar and Indonesia from 25 January 2011.

Shipping sector

In order to facilitate growth of the Indian shipping industry and make it competitive at international level, the government has initiated several measures like bringing acquisition of all types of ships under open general licence; allowing 100% FDI in the shipping and port sectors; cargo support to Indian shipping lines by providing chartering wing (transchart) of the Ministry of Shipping; introducing tonnage tax system during 2004 05; formulating a Cruise Shipping Policy of India in June 2008; and establishing the Indian Maritime University in November 2008.

Port services

Some recent developments in the port services sector include the finalization of a model concession agreement for awarding projects on public private partnership (PPP) basis in 2008 and introduction of web based port community systems.

Storage services

Major policy initiatives taken recently by the Government include construction of godowns under the seven years guarantee scheme of the Government of India, most of them being managed by the CWC or SWCs; permission of up to 100% FDI in the construction of warehousing infrastructure; and construction of warehouses under the Grameen Bhandaran Yojana of NABARD and the Rastriya Krishi Vikas Yojana.

Real estate services

The policy measures include permission for FDI in townships, housing, built up infrastructure, and construction development projects, including SEZs, under the automatic route, which has attracted foreign investors into this sector.

IT and ITeS


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