rajnath singh, rajnath singh news, rajnath singh latest news, defence minister rajnath singh, rajnath singh announcements, rajnath singh announcement, rajnath singh today news, rajnath singh today latest news, Atmanirbhar Bharat, defence sector, defence sector news

Rajnath Singh pronounces embargo on import of 101 defence gadgets


By: Categorical Net Desk | New Delhi |

Printed: August 9, 2020 12:20:57 pm


rajnath singh, rajnath singh news, rajnath singh latest news, defence minister rajnath singh, rajnath singh announcements, rajnath singh announcement, rajnath singh today news, rajnath singh today latest news, Atmanirbhar Bharat, defence sector, defence sector news Singh added that the Ministry of Defence has ready an inventory of 101 gadgets for which there could be an embargo on the import past the timeline indicated towards them. (File Photograph)

In increase for the federal government’s flagship program ‘Aatmanirbhar Bharat Abhiyaan’, Defence Minister Rajnath Singh on Sunday introduced an embargo on 101 gadgets “beyond given timeline”. The step is geared toward boosting indigenous manufacturing, he mentioned.

The minister additionally mentioned that the choice will show to be an ideal alternative to the sector to “manufacture the items in the negative list by using their own design and development capabilities or adopting the technologies designed & developed by DRDO to meet the requirements of the Armed Forces.”

Making the announcement on Twitter, Singh wrote, “The Ministry of Defence is now ready for a big push to #AtmanirbharBharat initiative. MoD will introduce import embargo on 101 items beyond given timeline to boost indigenisation of defence production.”

Taking cue from PM Modi’s Aatmanirbhar Bharat push, Singh added that the Ministry of Defence has ready an inventory of 101 gadgets for which there could be an embargo on the import past the timeline indicated towards them. He added that the step is a “big step towards self-reliance in defence.”

He added that the the embargo on imports is deliberate to be progressively applied between 2020 and 2024. “Our aim is to apprise the Indian defence industry about the anticipated requirements of the Armed Forces so that they are better prepared to realise the goal of indigenisation,” he added.

The record of 101 embargoed gadgets includes some excessive know-how weapon programs like artillery weapons, assault rifles, corvettes, sonar programs, transport plane, mild fight helicopters (LCHs), radars and plenty of different gadgets.

Singh mentioned that of those merchandise, gadgets price virtually Rs 1,30,000 crore every are anticipated for the Military and the Air Power, whereas gadgets price virtually Rs 1,40,000 crore are anticipated by the Navy.

He added that every one crucial steps could be taken to make sure that timelines for home manufacturing of kit recognized beneath a unfavorable record for import are met. “More such equipment for import embargo would be identified progressively by the DMA in consultation with all stakeholders,” he mentioned.

He additionally added {that a} separate finances head has been created with an outlay of almost Rs 52,000 crore for home capital procurement within the present monetary yr.

📣 The Indian Categorical is now on Telegram. Click on right here to affix our channel (@indianexpress) and keep up to date with the most recent headlines

For all the most recent India Information, obtain Indian Categorical App.

© IE On-line Media Companies Pvt Ltd





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *