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What is the significance of anti dumping measures in India in the context of lifting of QR?

April 26, 2017context dumping India Lifting measures qr significance

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What is the significance of anti dumping measures in India in the context of lifting of QR?

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Ans. India is currently in the process of phasing out its quantitative restrictions regime in relation to imports. With removal of licensing restrictions on imports, there has been a tendency on the part of several trading partners of India to resort to dumping of their goods of different kinds into India, thereby creating a situation of unfair competition in the domestic market whereby the domestic industry has suffered injury.