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weapons from outside, its process is so long that by the time they reach our security forces, many of them become outdated.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

NationalChristmas 2025: December 25 Reflects India’s Unity and Legacy, Says PM Narendra Modi (Watch Video)

NationalChitradurga Bus Fire: PM Modi Expresses Grief, Announces Ex Gratia of Rs 2 Lakh for Kin of Deceased

NationalVinod Kumar Shukla No More: PM Modi Expresses Grief Over Death of Jnanpith Award-Winning Writer

NationalPM Modi Congratulates NDA Workers as BJP-MGP Wins Big in Goa Zilla Panchayat Polls

MaharashtraSharad Pawar Turns 85: PM Narendra Modi Wishes NCP-SP Chief Sharad Pawar for His Long and Healthy Life

National Realted Stories

NationalIndore gets new Municipal Commissioner; district admin starts water inspection in Bhagirathpura

NationalCM Stalin to inaugurate Pongal gift hamper distribution on Jan 8

NationalUttar Pradesh Shocker: Minor Girl Allegedly Raped, Thrown From Roof; 2 Arrested

NationalFresh complaint against expelled Cong MLA Rahul Mamkoottathil

NationalAfter ED, now police attacked in Bengal's Sandeshkhali