5 Minutes Read

Drone PLI successful, working on different regulations for drones: Aviation Secretary

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The Union Civil Aviation Ministry will interact with DPIIT and Finance Ministry to see how both Drone makers and component makers can equally be incentivised.

The Performance Linked Incentive (PLI) scheme for Drones has been successful till now as per the Civil Aviation Secretary Vumlunmang Vualnam. Speaking at the CII National Conference on Drones he said, “In the first year the incentives which were given out were linked to the sale of about 800 drones. This improved in the second year with the number of drones which were sold rose to about 1800. Looking forward to the third year of disbursements which is about to happen soon.”

The Union Civil Aviation Ministry will interact with DPIIT and Finance Ministry to see how both Drone makers and component makers can equally be incentivised. The Aviation Secretary added, “Drone PLI has been successful, we will continue to promote Drones.”

He also highlighted that the government is looking at how it can differentiate regulatory framework for civilian & industrial drones and defense drones. Vualnam said, “Moving forward there will be differentiated regulations for drones with civilian, industrial, public use and law and order and defence use, we have to ensure that both are promoted and supported in the best possible way.”

The Aviation secretary added, “Identification rules have been liberalised. Documentation for remote pilot license, etc, are being simplified. We will see how we can move further processes into an online platform – to facilitate ease of activity, ease of doing business.”

He also hinted that the ministry is also exploring ways to collaborate with other government arms to incentivise production of drones as well as drone components.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?