City
Epaper

Budget provides for vibrant ecosystem in defence manufacturing, says PM Modi

By ANI | Updated: February 25, 2022 11:25 IST

Highlighting challenges faced in procuring defence equipment from abroad, Prime Minister Narendra Modi on Friday stressed on promotion of the 'AatmaNirbhar Bharat' and 'Make in India' campaign in defence manufacturing.

Open in App

Highlighting challenges faced in procuring defence equipment from abroad, Prime Minister Narendra Modi on Friday stressed on promotion of the 'AatmaNirbhar Bharat' and 'Make in India' campaign in defence manufacturing.

The Prime Minister also highlighted that about 70 per cent of the defence budget has been kept for the domestic industry only.

Addressing a webinar on 'Aatmanirbharta in Defence - Call to Action', the Prime Minister said, "When we procure weapons from outside, its process is so long that by the time they reach our security forces, many of them become outdated. Its solution is in 'AatmaNirbhar Bharat campaign' and 'Make in India'."

The Prime Minister mentioned that this year's Union budget has a blueprint for developing a vibrant ecosystem from research and development for defence manufacturing.

"This year's budget has a blueprint for developing a vibrant ecosystem from research, design and development of manufacturing within the country. About 70 per cent of the defence budget has been kept for domestic industry only," he said.

The Prime Minister further added that weapons made in India played a big role in World War II.

"Even before and just after independence, the strength of our defence manufacturing was very high, and weapons made in India played a big role in World War II," he said.

"Although this strength of ours kept on weakening in later years, it shows that there was no shortage of capacity in India in those times and neither is it now," he added.

Union Budget 2022-23 related to the Ministry of Defence has given further impetus to Aatmanirbharta in Defence, said the Ministry of Defence in an official statement. The Ministry has organised a post-budget webinar titled 'Aatmanirbharta in Defence - Call to Action' on the announcements made in the budget for the defence sector.

The objective of the webinar is to involve all the stakeholders in taking forward the various initiatives of the government in the defence sector.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: unionUnion BudgetNarendra ModiNarendra modi modiBjp national general secretary organizationNarendra mod
Open in App

Related Stories

HealthInternational Yoga Day 2025: Know Theme, Date, and How Yoga Can Benefit Life on Earth

PunePune Bridge Collapse: PM Modi Speaks to CM Fadnavis as Death Toll Rises to 4

National"Unimaginable That Vijay Bhai Is No More”: PM Modi Mourns Former Gujarat CM's Death In Ahmedabad Plane Crash

NationalRajasthan Family’s Last Selfie Before Ahmedabad Plane Crash Goes Viral, Captures Final Moments

NationalAhmedabad Plane Crash: PM Narendra Modi Reviews Situation With Officials After Site Visit

National Realted Stories

NationalWish you a healthy and long life: Rahul Gandhi extends birthday greetings to President Murmu

NationalWBSSC job case: HC to give order today on petition challenging Bengal govt's stipend decision

NationalNigerian woman held with drugs worth Rs 5 crore hidden in food packs on Delhi-Mumbai bus route

NationalSchoolchildren take part in marathon ahead of International Yoga Day

NationalMan chained at Odisha police station without case released after MP's intervention