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Mahesh

01/06/23 05:49 AM IST

Electronics Repair Services Outsourcing (ERSO)

In News
  • The Government launched the ERSO Pilot initiative today to validate certain transformational policy and process changes to make India the Repair Capital of the World.
About ERSO project
  • The pilot project is set to run for two months, commencing on June 1. During this period, customs rules will be relaxed to facilitate the import and export of electronics products.
  • Previously, the approval process for such transactions took approximately 10-15 days.
  • Under the new rules, the approval process will be expedited, reducing the timeframe to just one day.
  • This change aims to improve efficiency and promote the ease of doing business in India.
  • Although the repaired goods will not be permitted to be sold in the domestic market, provisions will be made to allow their exportation to regions other than their country of origin.
  • In addition, India’s e-waste policy will be modified to enable repair companies to domestically recycle 5% of imported goods by weight on a trial basis.
  • This change will reduce logistics costs associated with sending non-repairable products back for disposal.
Source- PIB

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