Centre to put curbs on imports of some items to arrest rupee's fall: Report

In a bid to contain the widening current account deficit (CAD), the government may target some "non-essential imports" through hikes in duties. This will be done if the fall in the value of the rupee continues, a report by Financial Express (FE) stated. 

Amid the continuous tightening of monetary policy by the US Federal Reserve (Fed), the CAD may prove to be a double whammy for the Indian currency, the report added. 

The authorities have already started to track the imports of select products, including electronics. However, a final decision is still to be made. Electronics are the second highest