40 years ago June 12, 1986: 100 crore duty relief for industry

This is the front page of The Indian Express published on June 12, 1986.
June 12, 2026

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40 years ago June 12, 1986: 100 crore duty relief for industry

2 min readJun 12, 2026 06:40 AM IST
First published on: Jun 12, 2026 at 06:40 AM IST

The government announced concessions in customs and excise duty totalling about Rs 100 crore to help industry. Of this, the electronic industry will account for relief, mostly in customs duty, to the extent of Rs 60 crore. The decisions have been taken by the Finance Ministry in response to representations made by trade and industry during “open house” discussions held by the Finance Minister, V P Singh.

Terrorists killed in Punjab

Six people, including three terrorists, were killed and as many injured while the police nabbed 15 extremists besides four members of the dreaded Dashmesh Regiment during the past 24 hours in Punjab. The BSF, meanwhile, started taking charge of the terrorist-infested border district of Gurdaspur from the Central Reserve Police Force.

Hegde, Chavan set up panel

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