How does the allocation of funds by the Defence Ministry to promote ‘Aatmanirbharta’ impact India’s self-reliance goals
Discuss the significance of Defence Ministry allocating ₹300 cr to promote ‘Aatmanirbharta’ in the context of India’s self-reliance agenda.
- Allocation of funds by the Defence Ministry towards promoting ‘Aatmanirbharta’ signifies a commitment towards achieving self-reliance goals in the defense sector.
- It fosters indigenous defence production, reducing reliance on imports and enhancing India’s self-sufficiency in defense equipment.
- Encourages the development of domestic defense manufacturing capabilities, leading to technological advancements and innovation.
- This allocation can boost the Make in India initiative, creating job opportunities and fostering economic growth in the defense industry.
- Overall, the Defense Ministry's investment in promoting ‘Aatmanirbharta’ plays a crucial role in strengthening India's defense sector and achieving self-reliance objectives.
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10 months ago