The term ‘Domestic Content Requirement’ is sometimes seen in the news with reference to -
Detailed Explanation:
Answer: Option 1 — Developing solar power production in our country
Domestic Content Requirement (DCR) is a policy mandate that requires a certain percentage of components or equipment used in a project to be manufactured domestically. In India, DCR has been prominently used in the solar power sector, where the government mandated that solar power developers use a specified percentage of domestically manufactured solar cells and modules in their projects. This policy was designed to promote indigenous solar manufacturing capabilities and reduce import dependence, though it faced challenges at the WTO due to trade obligations. The term is most commonly associated with the National Solar Mission and solar power development in India.
Question 1 of 1 WTO and Trade Agreements
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