gs1medium
The term 'Domestic Content Requirement' is sometimes seen in the news with reference to:
- A.Developing solar power production in our country
- B.Granting licenses to foreign T.V. channels in our country
- C.Exporting our food products to other countries
- D.Installation of water meters in urban households
▶ Answer & Explanation
Correct answer: A. Developing solar power production in our country
Domestic Content Requirement (DCR) is a policy tool used by governments to encourage local manufacturing and job creation. In the context of solar power, it mandates that a certain percentage of components used in solar energy projects must be manufactured within the country. This policy aims to foster the growth of the domestic solar industry and reduce reliance on imports.
Source: UPSC gs1 2017