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

After Pahalgam: “All forces to maintain high vigil”

Recognizing the seriousness of the Pahalgam terrorist attack this week, India has sent out a strong signal to Pakistan to stop supporting cross-border tourism by taking a number of steps including suspending the Indus Water Treaty. The Cabinet Committee on Security (CCS), which is chaired by

How Ayurveda and Yoga can help heal common ailments

Healing Revolution: Defeat 100 Ailments with Ayurveda, Yoga and Lifestyle By Ram K. Sharma Rupa Books, 272 pages, Rs 395

Green cities: A pathway to sustainability

As the world observes Earth Day on April 22, the imperative for sustainable urban development has never been more pressing. Urban areas contribute approximately 70% of global greenhouse gas (GHG) emissions (UN-Habitat Report, 2023). In India, the urban population is projected to reach 800 million by 2050 (

A unique way of looking at nature, at people, at life itself

Another Day in Landour: Looking Out from My Window By Ruskin Bond HarperCollins, 220 pages, Rs 399 Landour is a q

‘Better than the entire world’: Here’s the ‘India book’ for ages

The Undying Light: A Personal History of Independent India By Gopalkrishna Gandhi Aleph Books, 624 pages, Rs 999 Vet

Why the youth’s ‘affair’ with stock market is usually tragic

Nine out of 10 individual traders in the equity Futures and Options (F&O) segment have incurred net losses, according to a recent SEBI study. What’s even more striking is that a significant portion of these traders are young individuals – students, early professionals and first-time earners

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now



Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter