India markets closed

Your view: 'Hold-ups at ports will hurt us,' says Gadkari; agree?

Amid concerns over delays in customs clearance for imported Chinese goods stuck at Indian ports, Transport Minister Nitin Gadkari has urged the finance and commerce ministries to remove roadblocks for the quick release of goods at ports.

Gadkari said that these shipments have reached Indian shores based on payment made by industry players. “Our focus is to reduce imports and to do so we can increase import duty. But holding up already imported items will harm our entrepreneurs as they will incur huge losses,” Gadkari said.

Do you agree that Chinese goods lying at the ports should be cleared quickly? Can India afford to stall import of goods? Share your views below...