Govt bans import of foreign manufactured drones with immediate effect

The government has banned import of foreign manufactured except for those required for defence, security and R&D purposes.

The decision has been taken with a view to promote local manufacturing under Make in India scheme. Import of drone components however will be permitted as earlier and will not require any approvals.

The Directorate General of Foreign Trade issued a notification in this regard on Wednesday and the rule will come in immediate effect.

Last September, the Union Cabinet cleared a production-linked incentive (PLI) scheme to make India a drone hub by 2030.

The provides up to 20 per cent incentive to manufacturers of and drone components. It came close on the heels of the recent liberalisation of rules, which has made owning and operating easier.

The government allocated Rs 120 crore for the scheme and it will be spread over three years. This amount is nearly double the combined turnover of all domestic drone manufacturers in FY21, the ministry of civil aviation had said in a press release. Manufacturers will get an incentive of up to 20 per cent on the value addition made by them.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

See also  M Venkaiah Naidu, Om Birla Naidu discuss Covid-safe Budget Session

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Source link

© 2022, Admin. All rights reserved.

  1. Slot Online
  2. rtp yang tepat
  3. Slot Gacor
  4. Situs Judi Slot Online Gacor
  5. Situs Judi Slot Online
  6. Situs Slot Gacor 2023 Terpercaya
  7. SLOT88
  8. Situs Judi Slot Online Gampang Menang
  9. Judi Slot Online Jackpot Terbesar
  10. Slot Gacor 88
  11. rtp Slot Terpercaya
  12. Slot Gacor Gampang Menang
  13. Situs Judi Slot Online Terbaru 2023
  14. Situs Judi Slot Online Terpercaya 2023 Mudah Menang
  15. Daftar Situs Judi Slot Online Gacor Terbaik
  16. Slot Deposit Pulsa Tanpa Potongan
  17. Situs Judi Slot Online Resmi
  18. Slot dana gacor
  19. Situs Slot Gacor 2023
  20. rtp slot yang tepat
  21. slot gacor yang tepat
  22. slot dana
  23. harum4d slot