×

UPSC Courses

DNA banner

DAILY NEWS ANALYSIS

  • 09 August, 2020

  • 5 Min Read

Defence Ministry to impose import embargo on 101 items

Defence Ministry to impose import embargo on 101 items

  • The Defence Minister has stated that the Defence Ministry will introduce an import embargo on 101 items beyond the given timeline.
  • The policy change comes in the wake of Chinese transgressions and the build-up along the Line of Actual Control (LAC) in Ladakh.

News:

  • The government intends to boost indigenisation of defence production.
  • It aims to reach a turnover of $25 billion through indigenously manufactured defence products.
  • It also expects to export products worth $5 billion.
  • In any government contract over ?200 crore, no foreign company can participate in the tendering process.
  • A list of 101 items has been prepared by the Ministry for which there would be an embargo on the import beyond the timeline indicated against them.
  • Current and future capabilities of the Indian industry for manufacturing various ammunition & equipment within India have been assessed.
  • The embargo on imports is planned to be progressively implemented between 2020 to 2024.
  • The items comprise not just simple parts but also some high-technology weapon systems like artillery guns, assault rifles, corvettes, sonar systems, transport aircraft, LLCs, and radars.
  • The list also includes wheeled Armoured Fighting Vehicles (AFVs) with an indicative import embargo date of December 2021.
  • The Army is expected to contract almost 200 AFVs at an approximate cost of over. 5,000 crore.
  • In another relevant step, MoD has bifurcated the capital procurement budget for 2020-21 between domestic and foreign capital procurement routes.

Significance:

  • These measures are considered a big step towards self-reliance in defence.
  • It offers a great opportunity to the Indian defence industry to manufacture the items on the negative list by using their own design and development capabilities or adopting the technologies designed and developed by the Defence Research Development Organisation (DRDO) to meet the requirements of the Armed Forces.

Source: TH


Pradhan Mantri Suryodaya Yojana

Recently, Prime Minister announced Pradhan Mantri Suryodaya Yojana under which 1 crore households will get rooftop solar power systems. India’s Status of Current Solar Capacity India currently stands at 4th place globally in solar power capacity. As per Ministry of New an

Foreign Contribution Regulation Act (FCRA)- NGO 

The Foreign Contribution Regulation Act, 2010 (FCRA) registration of two prominent non-governmental organisations (NGOs) — Centre for Policy Research (CPR) and World Vision India (WVI) have been cancelled this month. What is FCRA? Key provisions of FCRA, 2010 Key aspects Description

Voice clone-AI

Voice clone fraud has been on the rise in India. AI voice cloning – It is the process of creating a synthetic replica of a person’s voice through machine learning and speech synthesis technology.It is called as voice deepfakesor audio deepfakes. Objective – To achieve a high level of na

Science communication- how to promote

Steps taken by India to promote Science Communication Publications and Information Directorate (PID) - An organisation under Council of Science and Industrial Research (CSIR) established in 1951 for publishing and disseminating scientific information in India. National science magazines- The PI

Universal Basic Income (UBI)- Analysis

Universal Basic Income (UBI) can strengthen welfare architecture and unlock the nation’s latent demographic potential. UBI - It is an income support mechanism typically intended to reach all or a very large portion of the population regardless of their earnings or employment status. Objective- To provide enough to co

Toppers

Search By Date

Newsletter Subscription
SMS Alerts

Important Links