The Finance Ministry has, on the recommendations of the Commerce Ministry, imposed an anti-dumping duty of $1,633.17 per tonne on the import of saccharine from Indonesia. Saccharine is a compound most commonly used in sugar-substitute sweeteners. Indonesia, until recently, accounted for a large chunk of India’s saccharine imports. In 2017-18, India imported $4.36 million worth of saccharine from Indonesia, which is 43% of the total imports of the sugar-substitute compound. In the April 2018 to February 2019 period, India imported only $1.48 million worth of saccharine from Indonesia, about 20% of its total imports from around the world.
Source: The Hindu May 05, 2019 17:16 UTC