Which of the following correctly defines the term lsquo Positive indigenisation list rsquo ........

Science Affairs Defence

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Which of the following correctly defines the term ‘Positive indigenisation list’?

Items which can only be purchased from domestic sources

These items are to be procured only from within SAARC countries

Export ban is imposed on the items in this list

Items in this list face zero import duties

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Explanation:

The Defence Ministry recently notified the second negative import list — now renamed as the ‘positive indigenisation list’ — of 108 items that can now be only purchased from indigenous sources. The new list takes the total number on the list to 209.

Introduced in August 2020, the negative list essentially means that the Armed Forces—Army, Navy and Air Force—will only procure such items from domestic manufacturers.
The manufacturers could be private sector players or Defence Public Sector Undertakings (DPSUs).

Hence option 1st is correct.