You must have heard about License Raj. Before 1991, a socialist economy had started in the country. If any goods were to be manufactured or imported from abroad, it was necessary to take licenses or documents from the government. The government used to decide which goods came. The government means that you could not make or order any goods until any Babu file was not passed. Everything changed in 1991 under the government of Prime Minister Narasimha Rao. The passport was phased out from the license document. The economy picked up. There was prosperity in the country. Now after 32 years, a license passport raj is being discussed because the central government has banned the demand from abroad without a license passport, or tablet. Now the government had to take a license, only then he bought a laptop like a Macbook of laptop in India. of the license of this deposit account book passport.
The document of independence of the country lasted for 45 years under the license document rule. Two arguments have been given behind this. We were freed from the slavery of the British, that’s why we did not want to keep foreign goods. The second reason was foreign exchange reserves. Foreign currency was a friend commodity when goods were demanded from abroad. The government wanted to preserve the foreign exchange reserves. The force majeure of the market volcano in 1991 also drained foreign exchange reserves. As soon as the market opened, the foreign government brought a flood of dollars. Foreign exchange reserves in the stock market Since then, India’s foreign exchange reserves have been filled on one or two occasions.
Now coming to the license of the laptop. The government has issued a notification of the issue that the license will be taken before the passport abroad. Till now companies like Apple, Dell, and Samsung have laptop stores abroad and grocery stores in India. The government was not asked. Import duties were given and laptops were given. Now this will not happen. Only the company’s laptop or tablet is required to issue a government license. This system will be implemented with immediate effect, now it will be applicable from November 1.
Why did the government do this?
It is being discussed on social media that Reliance Industries launched Jio Book on August 1. This is a laptop, its price is 16 thousand rupees. Two days later, the government banned the import of foreign laptops. However, there is no concrete information regarding this discussion. It is sure that it will get the benefit of the domestic company. Government’s arrangement that laptops in India. Make in India got a boost
In 2020, there was a lockdown all over the glorious world. The cost of electronic goods had gone up. Goods are made in making goods. In order to bring the company making goods from China to India, the government has started production in LinkedSensitive (PLI). The company has been issued for five years on the goods supply government in 14 different sectors. The cost of these cheap items is up to 3-5 percent. Got to see its benefits in mobile phones. Till ten years back phones were hardly exported from India, in the last financial year phones worth 90 thousand crore rupees were sent from India, out of which one was Nazar phones.
The government brought PLI scouse in 2021 regarding laptop tablets. It failed. In May this year, the amount of incentive was increased to Rs 17,000 crore. Still, a company like Apple is not agreeing to make laptops in India. The government has brought a license policy to force laptop companies to set up factories in India. A stock exchange has been offered for the laptop tablet of a big company in India. It is possible to make laptops under compulsion in India. However, it is not known whether the post will be beneficial. You can continue your work even after taking a chocolate license. The results will be known in the coming time, it is sure that the government has refreshed the memory of the license document rule.
Credit- Milind Khandekar, Senior Journalist ( https://in.linkedin.com/in/milindkhandekar )