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2017
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The term ‘Domestic Content Requirement’ is sometimes seen in the news with reference to

B.Granting licences to foreign T.V. channels in our country
C.Exporting our food products to other countries
A.Developing solar power production in our country
D.Permitting foreign educational institutions to set up their campuses in our country

Correct Answer: Option A

The term 'Domestic Content Requirement (DCR)' is frequently in the news due to its connection with WTO disputes and India's solar power ambitions.

India's Jawaharlal Nehru National Solar Mission (JNNSM) gives preference to Indian manufacturers of solar panels and cells in government procurement. This preference is referred to as DCR.

The WTO's Appellate Body has ruled that DCRs in JNNSM are illegal.

The US has alleged that India's subsidies for the JNNSM discriminate against foreign suppliers of solar components.

The main point of contention involves the government entering into long-term electricity purchase contracts with eligible Solar Power Developers (SPDs), guaranteeing them prices for 25 years.

Therefore, the correct answer is developing solar power production in our country.

Sources:

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