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The non-implementation of the recommended anti-dumping duties has resulted in an annual economic loss of Rs 11,938 crore to the domestic industry, whereas the imposition of these levies could generate an additional Rs 28,540 crore annually in forex by reducing imports, a report said on Tuesday. The Directorate General of Trade Remedies (DGTR), under the commerce ministry, conducts investigations into alleged dumping as a quasi-judicial authority, whereas the finance ministry takes the final call to impose these duties. "The non-implementation of anti-dumping duties on 56 DGTR-recommended products has resulted in an annual economic loss of Rs 11,938 crore to the domestic industry. "Whereas, imposition of DGTR-recommended anti-dumping duty could additionally generate about RS 28,540 crore (USD 3 billion) in annual foreign exchange savings by enabling domestic manufacturers to meet domestic demand instead of imports," according to the C-DEP Research and Centre for WTO Studies report -
Union Minister Manohar Lal Khattar on Friday launched two flagship initiatives the Dumpsite Remediation Accelerator Programme (DRAP) and the Urban Investment Window (UiWIN) in a major step towards building sustainable and investment-ready cities across India. The move marks a major leap in India's urban transformation, with DRAP targeting the elimination of legacy waste dumpsites by September next year, and UiWIN aiming to unlock private and multilateral investments to fuel infrastructure growth in cities, in line with the vision of 'Viksit Bharat.' The Union Minister of Housing and Urban Affairs inaugurated DRAP, UiWIN, and other key initiatives during the two-day 'National Urban Conclave 2025' in the capital. Speaking at the event, the minister highlighted that these initiatives would be pivotal in building cleaner, greener, and more liveable cities, aligning with the broader vision of 'Viksit Bharat @2047.' He pointed out that by 2047, India's urban population will account for