{"id":196994,"date":"2022-07-23T19:22:16","date_gmt":"2022-07-23T13:52:16","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=196994"},"modified":"2022-07-23T19:22:16","modified_gmt":"2022-07-23T13:52:16","slug":"mod-bans-imports-from-18-top-defence-platforms-items-to-be-made-in-india","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/mod-bans-imports-from-18-top-defence-platforms-items-to-be-made-in-india\/","title":{"rendered":"MoD bans imports from 18 top defence platforms, items to be made in India"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article<\/span><b> \u201cMoD bans imports from 18 top defence platforms, items to be made in India\u201d<\/b><span style=\"font-weight: 400;\"> published in<\/span><b> Business Standard <\/b>on<b> 23rd July 2022.<\/b><\/p>\n<h5><b>What is the News?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The Ministry of Defence has till now released three positive indigenisation lists comprising major equipment\/platforms that can no longer be imported.<\/span><\/p>\n<h5><b>What is a Positive Indigenisation List?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The positive indigenisation list essentially means that the Armed Forces\u2014Army, Navy, and Air Force\u2014will only procure the listed items from domestic manufacturers. The manufacturers could be private sector players or Defence Public Sector Undertakings(DPSUs).<\/span><\/p>\n<h5><b>What is the significance of this list?<\/b><\/h5>\n<p><b>Promote Domestic Industry:<\/b><span style=\"font-weight: 400;\"> These weapons &amp; platforms will promote domestic industry and transform R&amp;D and manufacturing in the country.<\/span><\/p>\n<p><b>Reduced Fiscal Deficit: <\/b><span style=\"font-weight: 400;\">The other benefits of indigenisation will be reduction in the fiscal deficit, security against its porous borders and hostile neighbors and generation of employment.<\/span><\/p>\n<h5><b>What are the steps undertaken by India to boost Domestic Defence manufacturing?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">In the Union Budget 2022-23, the Finance Minister has allocated 25% of the defence R&amp;D budget for industry-led R&amp;D.<\/span><\/p>\n<p><a href=\"https:\/\/forumias.com\/blog\/positive-indigenisation-list-more-defence-systems-to-be-locally-manufactured\/\"><b>Click Here to read about other measures<\/b><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201cMoD bans imports from 18 top defence platforms, items to be made in India\u201d published in Business Standard on 23rd July 2022. What is the News? The Ministry of Defence has till now released three positive indigenisation lists comprising major equipment\/platforms that can no longer be imported.&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/mod-bans-imports-from-18-top-defence-platforms-items-to-be-made-in-india\/\">Continue reading <span class=\"screen-reader-text\">MoD bans imports from 18 top defence platforms, items to be made in India<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,1738,9],"tags":[10503],"class_list":["post-196994","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-science-and-technology-daily-factly-articles","category-public","tag-business-standard","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":1700799085,"cached_date":1704858859},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/196994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=196994"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/196994\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=196994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=196994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=196994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}