DAILY NEWS ANALYSIS
11 November, 2019
4 Min Read
Syllabus subtopic: Important aspects of governance, transparency and accountability, e-governance- applications, models, successes, limitations, and potential; citizens charters, transparency & accountability and institutional and other measures.
News: The Ministry of Commerce and Industry has allocated a separate Harmonised System (HS) code for Khadi. The move is expected to boost Khadi exports in the coming years. Earlier, Khadi did not have its exclusive HS code.
Prelims and mains focus: Meaning and significance of HS code.
Khadi is India’s signature handspun and handwoven cloth that was made iconic by Mahatma Gandhi during the freedom struggle.
What does the HS code mean?
HS code are used by Customs authorities, statistical agencies, and other government regulatory bodies, to monitor and control the import and export of commodities through:
Need for and significance:
Source: The Hindu
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