Sunday morning, MoD Rajanath Singh in a tweet said that he is going to make a major announcement today.
After manufacture, agriculture now the Modi government is focusing the Atmanirbhar on Defence procurements.
The Minister started with “Ministry of Defence (MoD) is now ready for a big push to Atmanirbhar Bharat initiative. MoD will introduce import embargo on 101 items beyond given timeline to boost indigenisation of defence production”
He further said, Prime Minister Narendra Modi has given a clarion call for a self-reliant India based on the 5 pillars Economy, Infrastructure, System, Demography & Demand and announced a special economic package for Self-Reliant India named ‘Atamnirbhar Bharat’.
The MoD said that almost 260 schemes of such items were contracted by the Tri-Services at an approximate cost of Rs 3.5 lakh crore between April 2015 and August 2020. It is estimated that contracts worth almost Rs 4 lakh crore will be placed upon the domestic industry within the next 6 to 7 years.
Taking cue from that evocation, the Ministry of Defence has prepared a list of 101 items for which there would be an embargo on the import beyond the timeline indicated against them. This is a big step towards self-reliance in defence: Defence Minister Rajnath Singh
The list of 101 embargoed items comprises of not just simple parts but also some high tech weapon systems like artillery guns, assault rifles, corvettes, sonar systems, transport aircraft, LCHs, radars & many other items to fulfil needs of our Defence Services: Defence Minister
MoD has also bifurcated the capital procurement budget for 2020-21 between domestic and foreign capital procurement routes. A separate budget head has been created with an outlay of nearly Rs 52,000 crore for domestic capital procurement in the current financial year.