Q. Which of the following will help in increasing India’s domestic capacity for solar cell/module manufacturing?
1. Provision of Domestic Content Requirement (DCR).
2. Discontinuation of customs duty concession benefits
3. Production Linked Incentive (PLI) Scheme
Select the correct answer using the given code below-
Answer: D
Notes:
- Under Domestic Content Requirement (DCR) use of domestically manufactured Solar Cells & Modules is mandatory.
- If concessions for customs duty will be discontinued , it will lead to less import as the imported products will be expensive and this may provide an opportunity to domestic greenfield projects to grow.
- Government has in the recent time taken steps to enhance domestic manufacturing of solar PV cells and modules which includes modified special incentive package scheme (M-SIPS), Production Linked Incentive (PLI) Scheme, preference to local suppliers, domestic content requirement, imposition of basic customs duty on import of solar PV cells and modules.
Source- Article
