The term ‘Domestic Content Requirement’ is sometimes seen in the news with reference to
Developing solar power production in our country
Granting licences to foreign T.V. channels in our country
Exporting our food products to other countries
Permitting foreign educational institutions to set up their campuses in our country
Answer is Right!
Answer is Wrong!
This question was previously asked in
UPSC IAS – 2017
The term ‘Domestic Content Requirement’ (DCR) refers to a government policy that mandates a certain percentage of goods or services used in a project or product must be domestically produced or sourced. This is a trade-related measure often used to promote domestic industry, job creation, and technological development. In India, DCR has been notably implemented and debated, particularly in the context of developing solar power production under schemes like the National Solar Mission. The policy required solar power projects benefiting from government support to use domestically manufactured solar cells and modules for a portion of their capacity.
– Domestic Content Requirement (DCR) mandates sourcing goods or services locally.
– DCR has been a prominent policy feature in India’s solar power sector development.