CURRENT AFFAIRS

Detailed explanation-1: -The Indian government has imposed a safeguard duty of 25% on solar imports from China and Malaysia for two years.

Detailed explanation-2: -The government said the exclusion plugged a loophole that allowed developers to bypass the 40% import duty imposed on solar projects to encourage local manufacturing.

Detailed explanation-3: -The China-wide rates are 238.95% in anti-dumping duties and 17.10% in countervailing duties. Some companies qualify for lower rates after presenting evidence to Commerce. JA Solar and Risen panels are subject to countervailing duties of 18.49% and 15.71%, respectively.