Defence Production and Export Promotion Policy 2020

HEADLINES:

MoD releases draft Defence Production and Export Promotion Policy 2020

WHY IN NEWS:

Hot from PIB !

MINISTRY? :-Ministry of Defence

SYLLABUS COVERED: GS 3: Defence

LEARNING:

For PRELIMS not so important.

For MAINS you have to go through the detail draft once . This Article is outline map of Defence Production and Export Promotion Policy 2020 . The link for the draft is given in suggested reading below .

CONTEXT:

DEFENCE PRODUCTION AND EXPORT PROMOTION POLICY 2020

In order to provide impetus to self-reliance in defence manufacturing, multiple announcements were made under ‘Atmanirbhar Bharat Package’.
In implementing such framework and to position India amongst the leading countries of the world in defence and aerospace sectors.

Ministry of Defence (MoD) has formulated a draft Defence Production and Export Promotion Policy 2020 (DPEPP 2020).

AIM

The DPEPP 2020 is envisaged as overarching guiding document of MoD to provide a focused, structured and significant thrust to defence production capabilities of the country for self-reliance and exports.

VISION

To make India amongst the leading countries of the world in Defence sector, including Aerospace and Naval Shipbuilding sectors.

From design to production, with active participation of public and private sector and thus fulfilling the twin objectives of self-reliance and exports.

POLICY GOALS

To achieve a turnover of Rs 1,75,000 Crores (US$ 25Bn) including export of Rs 35,000 Crore (US$ 5 Billion) in Aerospace and Defence goods and services by 2025.
To develop a dynamic, robust and competitive Defence industry, including Aerospace and Naval Shipbuilding industry to cater to the needs of Armed forces with quality products.
To reduce dependence on imports and take forward “Make in India” initiatives through domestic design and development.
To promote export of defence products and become part of the global defence value chains.
To create an environment that encourages R&D, rewards innovation, creates Indian IP ownership and promotes a robust and self-reliant defence industry.

MULTIPLE STRATEGIES

Procurement Reforms
Indigenization & Support to MSMEs/Startups
Optimize Resource Allocation
Investment Promotion, FDI & Ease of Doing Business
Innovation and R&D
DPSUs and OFB
Quality Assurance & Testing Infrastructure
Export Promotion

IASbhai WINDUP:

The draft DPEPP 2020 can be accessed in given link below .
We suggest you to go through the link at-least once .

If you have some genuine ideas, do comment down and share your ideas at the defence portal .

Inputs/comments on the draft DPEPP 2020 is solicited latest by August 17, 2020 to the email id dirpnc-ddp@nic.in.

SUGGESTED READING : https://ddpmod.gov.in/dpepp

SOURCES:THE HINDU & PIB | Defence Production and Export Promotion Policy 2020

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