Separate budget head created for domestic capital procurement: Rajnath Singh

Rajnath Singh

Defence Minister Rajnath Singh on Sunday said a separate budget head has been created for domestic capital procurement. “MoD has bifurcated the capital procurement budget for 2020-21 between domestic and foreign capital procurement routes,” he said. “A separate budget head for domestic capital procurement has been created with an outlay of nearly ₹52,000 crore,” Singh added.

“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,” Singh tweeted.

The list includes artillery guns, missile destroyers, ship-borne cruise missiles, light combat aircraft, light transport aircraft, long-range land attack cruise missiles, communication satellites, basic trainer aircraft, multi-barrel rocket launchers, a variety of radars, assault rifles, sniper rifles, mini UAVs and different types of ammunition.

The defence minister said that the decision will offer a great opportunity to the Indian defence industry to manufacture the items in the negative list by using their own design and development capabilities or adopting the technologies designed and developed by DRDO to meet the requirements of the armed forces.