What is the purpose of Defence Ministry allocating ₹300 crore to promote ‘Aatmanirbharta’

Defence Ministry has allocated ₹300 crore to promote ‘Aatmanirbharta’.
  • Encourage self-reliance: The allocation will support initiatives that aim to enhance self-reliance in the defense sector.
  • Promote indigenous production: The funds will be utilized to promote indigenous defense manufacturing, reducing dependency on imported equipment.
  • Boost innovation: By investing in ‘Aatmanirbharta’, the Defense Ministry aims to foster innovation and technological advancements in the defense industry.
  • Create employment: The promotion of self-reliance in defense manufacturing is expected to generate employment opportunities in the sector.
  • Strengthen national security: Enhancing domestic defense capabilities through ‘Aatmanirbharta’ will contribute to strengthening the country’s national security.
Answered 10 months ago
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