Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
DGFT Extends Minimum Import Price on Soda Ash Till Dec 2025
The Directorate General of Foreign Trade (DGFT) has extended the Minimum Import Price (MIP) on soda ash until December 2025. This extension is a protective measure aimed at safeguarding domestic soda ash manufacturers from cheaper imports, particularly from countries engaging in unfair trade practices like dumping. By setting a floor price, the government ensures that imported soda ash does not unduly depress local market prices, thus supporting domestic industry and preventing material injury. This move is crucial for maintaining the viability of the domestic soda ash sector and ensuring fair competition in the market.