City
Epaper

Defence Ministry waives off quality assurance fee to make Indian products more competitive in global market

By ANI | Updated: May 10, 2023 21:10 IST

New Delhi [India], May 10 : In a significant move to promote reforms and ensure ease of doing business, ...

Open in App

New Delhi [India], May 10 : In a significant move to promote reforms and ensure ease of doing business, the Department of Defence Production has waived off Quality Assurance (QA) charges levied by the QA agencies under its administrative control for the stores meant for the exports.

According to the Ministry of Defence, this industry-friendly initiative would make defence products cost-competitive in the global market.

The Ministry of Defence provides proof and testing facilities to the industry for their products through its various proof and testing establishments to make Indian defence products more competitive in the international market.

Charges are levied by the QA agencies as per the fixed rates and the industry adds this charge to the cost of the products which adversely affects its cost competitiveness. But now these charges have been scrapped.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Department of Defence ProductionMinistry Of DefenceindiaDisney IndiaNew DelhiAll India Majlis E Ittehadul MuslimeenCommunist Party Of India MarxistIndia TodayAir Asia IndiaAsia IndiaFifa U 17 World Cup IndiaAll India Football Federation
Open in App

Related Stories

TechnologyHow To Effortlessly Transfer Data from Android to iPhone Using Apple’s Move to iOS App

NationalDonald Trump Imposes Additional 25% Tariff on India, Total Tariff Now 50%

NationalDelhi: 8 Accused in Vehicle Theft Cases Arrested During Police Patrolling, Stolen Scooters and Bikes Recovered

TechnologyWill the Government Have to Offer More Incentives on EVs? NITI Aayog Raises Concerns Over Slow Sales Growth

OpinionsWhy is Trump So Upset with India?

National Realted Stories

NationalFemale student shot at outside coaching centre in Jodhpur, ex-Raj CM Gehlot condemns incident

NationalMeghalaya village heads to represent state at Delhi I-Day celebration for SBM feat

NationalSight of our Tricolour stirs deep pride in every Indian's heart: Jeet Adani

NationalTripura govt working to resolve teachers' shortage in schools: CM Saha

National'Uninhibited and unchained': Jwala's 130-km dash puts India’s wildlife corridor to test