New Delhi [India], May 10 (ANI): In a significant move to promote reforms and ensure ease of doing business, the Department of Defence Production has waived off Quality Assurance (QA) charges levied by the QA agencies under its administrative control for the stores meant for the exports.

According to the Ministry of Defence, this industry-friendly initiative would make defence products cost-competitive in the global market.

Also Read | Karnataka Exit Poll Results 2023 by ABP News-C Voter: Congress Likely To Attain Majority in Southern State, BJP Trailing With JDS on Third Place; Check Seat-Wise Details.

The Ministry of Defence provides proof and testing facilities to the industry for their products through its various proof and testing establishments to make Indian defence products more competitive in the international market.

Charges are levied by the QA agencies as per the fixed rates and the industry adds this charge to the cost of the products which adversely affects its cost competitiveness. But now these charges have been scrapped. (ANI)

Also Read | Mumbai Shocker: Woman Raped by Male Friend at Hotel in Marine Drive on Pretext of Film Shoot; Accused Arrested.

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)