Key features of liberalised Arms rules

The liberalisation of the Arms rules will encourage investment in the manufacturing of arms and ammunition and weapon systems

GN Bureau | October 30, 2017


#Liberalised Arms Rules   #Make in India   #Arms Rules   #Ammunition  


The home ministry has liberalised the Arms rules to boost Make in India manufacturing policy.

The liberalisation of the Arms rules will encourage investment in the manufacturing of arms and ammunition and weapon systems.

The salient features of the liberalised rules are:


(i)         The licence granted for manufacturing shall now be valid for the life-time of the licensee company. The requirement of renewal of the license after every 5 years has been done away with.


(ii)        Similarly, condition that the small arms and light weapons produced by manufacturer shall be sold to the central government or the state governments with the prior approval of the ministry of home affairs has been done away with.


(iii)       Further, enhancement of capacity up to 15% of the quantity approved under licence will not require any further approval by the government. The manufacturer will be required to give only prior intimation to the licensing authority in this regard.


(iv)      The licence fee has been reduced significantly. Earlier the licence fee was Rs. 500/- per firearm which added up to very large sums and was a deterrent to seeking manufacturing licenses. The licence fee will now range from Rs. 5,000/- to the maximum of Rs. 50,000/-.


(v)        The fee for manufacturing licence shall be payable at the time of grant of license rather than at the time of application.


(vi)      Single manufacturing licence will be allowed for a multi-unit facility within the same State or in different States within the country.


Read the notification for the Arms (Amendment) Rules, 2017

 

Comments

 

Other News

Changing weather patterns, climate change responsible for Nepal floods

The interaction between active Western Disturbances, increased atmospheric moisture and the region’s complex topography aswell as global warming are important factors behind intense rainfall in the Himalayas, leading to flash floods in Nepal, according to meteorologists. Nepal

A right she cannot reach

Last summer, the two of us spent several weeks in rural Madhya Pradesh with a non-profit that works on gender justice through women’s self-help groups. We went in with a notebook full of laws. The Protection of Women from Domestic Violence Act. The Dowry Prohibition Act. Free legal aid for every wo

Tier-2 cities lead India’s digital credit push

Digital payments have become a reflex for urban India, but the confidence earned in paying has not yet carried over to borrowing. That is the central finding of `How Urban India Pays Report 2026`, released by Pahlé India Foundation in collaboration with Amazon Pay. Based on a survey of 5,149 consu

India calls for doubling bilateral trade with UK by 2030

Commerce and industry minister Piyush Goyal has called upon businesses in India and the United Kingdom to translate the opportunities created by the India-UK Comprehensive Economic and Trade Agreement (CETA) into expanded trade, investment, partnerships and job creation. Addressing the Bu

Gandhian movement after Gandhi failed: Ram Guha

The Gandhian movement in India, after Gandhi’s death, failed, says Ramachandra Guha, and blames Vinoba Bhave for it. But the movement found new, fertile grounds around the world and succeeded in bringing about a change in South Africa, the US and elsewhere. It is high time it returned home. Of cour

When religion, politics and Bollywood come together

Tavleen Singh, noted journalist and political commentator, has turned to fiction, with her debut novel ‘The Actor’ (HaperCollins India). Set in the near future, it has a superstar, Amit Singh, turning to politics, when the political landscape is dominated by prime minister Guru Gaynendraj

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter