UPSC Articles
Import embargo on 101 defence items
Part of: GS Mains II and III – Govt policies and initiatives; Defence
Context:
- Defence Ministry to impose import embargo (ban or restrictions) on 101 items to boost indigenisation of defence production
Benefits:
- Boost indigenisation of defence production
- Helps India to become self-reliant in defence (#AtmanirbharBharat initiative)
- Government intends to reach a turnover of $25 billion through indigenously manufactured defence products and also expects to export products worth $5 billion