Aatmja Kumari(Intern Journalist): Defense Minister Rajnath Singh made big announcements related to the ministry on Sunday. Singh told via Twitter that the Ministry of Defense is now ready to move fast on the initiative of (Aatmanirbhar Bharat). He informed that the government will ban the import of 101 goods to increase defense-related manufacturing in the country. 101 The decision to ban the import of defense materials will create huge opportunities for the Indian defense industry. According to the Defense Minister, the plan to ban the import of this defense equipment will be implemented gradually in a phased manner between 2020 and 2024. According to Rajnath Singh, more defense equipment will be identified in a phased manner to ban imports.
Defense Minister Rajnath Singh made several tweets one after the other. He said via Twitter that steps would be taken to ensure domestic production deadlines for military goods marked for import restrictions. Includes accessories such as transport aircraft.
The Union Defense Minister said that Prime Minister Narendra Modi has called for a self-reliant India on the basis of five pillars, with the number of people on the basis of the economy, infrastructure, system, and demand. For this, he announced a self-sufficient package.
The Defense Minister said that the government has allocated the capital procurement budget for 2020-21 between domestic and foreign purchases in two parts. In the budget 2020-21, a separate part of about 52 thousand crores has been prepared for domestic capital purchases.
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