In order to reduce the growing current account deficit and to “decompress†the Indian local currency rupee, the Indian government officially restricted the import of non-essential goods. On September 27th, India’s new import tariff measures took effect, including import tariffs on 19 kinds of commodities including gems, aviation fuel, plastics, household appliances and footwear.
Among them, the aviation fuel tariff rate increased from zero to 5%; the laboratory tax rate for diamonds, non-industrial diamonds and other gems used in jewelry manufacturing was raised from 5% to 7.5%; the import duty rate for imported air conditioners, refrigerators and small washing machines was 10 % doubled to 20%. Tires, speakers, shoes, suitcases, travel bags, and some plastic-made cutlery and kitchen items will face higher tariffs.
The analysis believes that this move may affect the export of India to countries such as China and South Korea. The media pointed out that this move made India the latest country to adopt protectionist measures while seeking to boost the domestic economy.
Recently, the overall market has been sluggish and capital outflows have been severe, causing the devaluation of the rupee to intensify. This week, the Indian rupee fell to 72.93 against the US dollar, a record low. This month, the rupee depreciated more than 2.5%, and the year-on-year decline was close to 15%, making it the worst performing currency in Asia this year.
The Disposable Medical Isolation Gown is waterproof, lint-free,comfortable,light,economical,eco-friendly, and good tensile strength.
The protective medical clothing prevent and isolate dust,particle,alcohol,blood,bacteria and virus invading. This kind of Medical Isolation Gown is widely used in hospital,food processing, beauty salon,manufacturing,construction and hygienic application,daily use.
35g SMMS Isolation Gown(ultrasonic)
Disposable Medical Isolation Gown,Hospital Isolation Gowns,Disposable Medical Isolation Gowns,Medical Isolation Gown
Shandong Shengquan New Materials Co., Ltd. , https://www.sqnewmaterials.com