Published 18:52 IST, August 27th 2020
Rajnath Singh exudes confidence in PM's 'Make in India' vision; highlights global reach
Defence Minister Rajnath Singh on Thursday said with collaborative and cooperation efforts India will achieve 'Make for World' in the defence sector
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In sync with Prime Minister Narendra Modi's vision, Defence Minister Rajnath Singh on Thursday said with collaborative efforts India will achieve 'Make for World' in defence sector. Rajnath Singh had launched ‘Atmanirbhar Bharat Saptah’ (self-reliant India week) on August 10.
Singh took part in Defence Industry Outreach Webinar organised by Federation of Indian Chambers of Commerce and Industry (FICCI) and Chief of Defence Staff (CDS) General Bipin Rawat was also a part of webinar.
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"I am confident that through our collaborative and cooperative efforts, we will t only achieve 'Make in India' but also 'Make for World'... We want to become self-reliant to contribute to world in a better way. In this direction, some bold policy reforms have been taken like ban on import of 101 defence items," Singh said.
Emphasizing on ban on import of 101 defence items, he said that in coming days it will result in approximately Rs 1.40 lakh crores of purchases domestically
"This list is just a start, in coming days it will result in approximately Rs 1.40 lakh crores of purchases domestically. Defence Ministry has also for first time released a draft of Defence Production and Export Promotion policy 2020," he added.
According to Singh, policy will work on "greater visibility" for upcoming opportunities so that industries will get demands of Armed Forces. He also asserted that budget for procurement will be increased by 15 per cent per year.
year.
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MoD bans import of 101 items
Ministry of Defence has prepared a list of 101 items for which re would be an embargo on import beyond timeline indicated against m. This decision will offer a great opportunity to Indian defence industry to manufacture items in negative list by using ir own design and development capabilities or adopting techlogies designed & developed by DRDO to meet requirements of Armed Forces.
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MoD has bifurcated capital procurement budget for 2020-21 between domestic and foreign capital procurement routes. A separate budget head has been created with an outlay of nearly Rs 52,000 crore for domestic capital procurement in current financial year. embargo on imports is planned to be progressively implemented between 2020 to 2024.
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Rajnath Singh Launches Mobile App For Online Training Of NCC Cadets
Earlier in day, Rajnath Singh launched Directorate General National Cadet Corps (DGNCC) Mobile Training App that will assist in conducting countrywide online training of NCC cadets.
training of NCC cadets has been adversely affected during Coronavirus-induced lockdown. Since schools or colleges are t likely to open in near future, training of NCC cadets will be conducted using digital medium. Defence Minister interacted with NCC cadets via video conferencing during launch of App and also answered ir questions.
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(With Inputs from PTI)
18:52 IST, August 27th 2020