{"id":455430,"date":"2021-12-10T11:08:29","date_gmt":"2021-12-10T05:38:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=455430"},"modified":"2021-12-10T11:08:29","modified_gmt":"2021-12-10T05:38:29","slug":"five-year-tax-holiday-dumping-duties-in-works-to-push-power-gear-production","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/five-year-tax-holiday-dumping-duties-in-works-to-push-power-gear-production\/","title":{"rendered":"Five-year tax holiday, dumping duties in works to push power gear production"},"content":{"rendered":"<p>The government is considering fiscal incentives to promote indigenous manufacturing of select equipment used in electricity transmission and distribution. The estimated business opportunity is about \u20b9 7 lakh crore that would go to overseas vendors if the domestic industry is unable to capitalise on it.<\/p>\n<p>The power ministry is proposing five-year tax holidays and a levy of safeguard or anti-dumping duties on imports of about 10 identified equipment for transmission and distribution projects under a phased manufacturing programme. The twin measures are expected to make the domestic industry competitive against imports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government is considering fiscal incentives to promote indigenous manufacturing of select equipment used in electricity transmission and distribution. The estimated business opportunity is about \u20b9 7 lakh crore that would go to overseas vendors if the domestic industry is unable to capitalise on it. The power ministry is proposing five-year tax holidays and a levy of safeguard or anti-dumping duties on imports of about 10 identified equipment for transmission and distribution projects under a phased manufacturing programme. The twin measures are expected to make the domestic industry competitive against imports.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-455430","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/455430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=455430"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/455430\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=455430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=455430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=455430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}