Government to review policy on domestically manufactured electronics goods

Image
IANS New Delhi
Last Updated : Jul 08 2013 | 11:00 PM IST

The government Monday said it has decided to review the policy for providing preferential market access (PMA) to domestically manufactured electronic goods, especially in the private sector.

The decision was taken at a meeting held Friday at the Prime Minister's Office (PMO) and attended by the National Security Advisor, the Cabinet Secretary, the Principal Secretary to Prime Minister and officers of all ministries concerned.

"Concerns have been raised in many quarters on different aspects of the PMA Policy, particularly policy relating to procurement by the private sector for electronic products with security implications," said an official release.

"The entire policy on providing preference to domestically manufactured electronic goods will be revisited and reviewed. The overall policy on PMA will be recalibrated and submitted to the cabinet," it said.

"DeiTY (Department of Electronics and IT) will bring a final note to the cabinet on the revised policy within four weeks."

The PMA Policy has two aspects, one relating to government procurement and the other relating to private sector procurement.

Notifications giving the guidelines regarding PMA in government procurement for products covered by DeitY and Department of Telecommunications (DoT) have been issued to all ministries. The DeitY and DoT have notified six and 23 products, respectively.

The National Security Council Secretariat will provide a definition of "security" for usage in the context of security related issues concerning products, projects or sectors.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 08 2013 | 5:57 PM IST

Next Story