: Govt lifts ban on export of all ventilators #FinanceIndia #StockMarketNEWS Govt lifts ban on export of all ventilators New Delhi, Aug 5 (KNN) The government has lifted the ban on exports of ventilators,

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Govt lifts ban on export of all ventilators #FinanceIndia #StockMarketNEWS
Govt lifts ban on export of all ventilators New Delhi, Aug 5 (KNN) The government has lifted the ban on exports of ventilators, over four months after it came into effect to ensure the domestic supply amid rising coronavirus threat.

All ventilators including any artificial respiratory apparatus or oxygen therapy apparatus or any other breathing appliance/device are made free for export," the Directorate General of Foreign Trade (DGFT) said in a notification on Tuesday.

Earlier on August 1, the group of ministers on COVID-19 agreed to the proposal of the Ministry of Health and Family Welfare to allow the export of made-in-India ventilators.

Exports of ventilators were prohibited following the outbreak of the Covid-19 pandemic in the country earlier this year as there was a concern that there may be a shortage of the life-saving machine domestically.

The decision has been taken to allow exports freely as the country now has the capacity to manufacture ventilators indigenously.

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