Products on the list include toys, fabrics, textiles, apparel, everyday items, kitchen items, furniture, hardware, footwear, handbags, luggage, electronics, cosmetics and gift items, electronics, watches, gems and jewellery, stationery, paper, household items, health products, auto parts, etc.

As per the report, the Traders’ body took cognisance of business persons’ “strong criticism” of aggression along the Ladakh border, adding that “China’s attitude is against the interests of the country (India).
CAIT has thus under the campaign ‘Indian Goods – Our Pride’ released a list covering more than 500 items to be boycotted from China, and instead Indian goods be used, it added.

In phase 1, the body has set a target to meet a shortfall of $13 billion (Rs 1 lakh crore approx.) in imports from China by December 2021.

Presently, annual imports from China amount to Rs 5.25 lakh crore ($70 billion), the body said. The first phase has focused on products that can be made in India, but price has been the deciding factor when importing.

CAIT National President BC Bhartia and National General Secretary Praveen Khandelwal told the publication:

“There is no need for special technology to manufacture these items. These goods can be easily manufactured in India and can replace Chinese imports. This will reduce India’s dependence on China for these goods.”

Bhartia and Khandelwal further clarified that goods that require particular technology are not included in the list “at the moment”.

“Currently, such items are kept out of the purview of boycott because, until the alternative of this type of technology is developed in India or is not manufactured by any friendly nation of India, there is no other way,” they noted.

The body is also likely to raise the matter with Commerce and Industry Minister also .

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The Minister further stated that the Government conducts frequent meetings with the trade and industry. Representations received from trade and industry are examined, collated and brought before the GST  Council from time to time. Based on the recommendations of the GST Council, amendments have been made to the GST Acts see the CGST (Amendment) Act, 2018, the IGST (Amendment) Act, 2018, the UTGST (Amendment) Act, 2018 and the GST (Compensation to States) Amendment Act, 2018. Amendments in the GST Act have also been carried out in the Finance (No.2) Act, 2019. Further, 34 amendments have been made in the CGST Rules, 2017 till November, 2019.

He also said on another query that government doing large Infusion of capital to PSBs.

In addition to capital infused earlier by the Government, provision of Rs 70,000 crore has been made for infusion of capital by the Government in banks in the Budget for the current Financial Year to boost credit for impetus to the economy. Rs 60,314 crore has been infused so far from this provision, equipping banks for growth. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Rajya Sabha today.

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