{"id":211097,"date":"2023-02-16T00:08:04","date_gmt":"2023-02-15T18:38:04","guid":{"rendered":"https:\/\/arunachaltimes.in\/?p=211097"},"modified":"2023-02-16T00:08:04","modified_gmt":"2023-02-15T18:38:04","slug":"75-per-cent-of-defence-capital-to-be-spent-for-procurement-from-domestic-firms-rajnath","status":"publish","type":"post","link":"https:\/\/arunachaltimes.in\/index.php\/2023\/02\/16\/75-per-cent-of-defence-capital-to-be-spent-for-procurement-from-domestic-firms-rajnath\/","title":{"rendered":"75 per cent of defence capital to be spent for procurement from domestic firms: Rajnath"},"content":{"rendered":"<p style=\"text-align: justify;\">BENGALURU, 15 Feb (PTI): In a significant announcement, Defence Minister Rajnath Singh on Wednesday said the government will spend 75 per cent of the total defence capital outlay for procurement from domestic defence manufacturers from 2023-24.<\/p>\n<p style=\"text-align: justify;\">The decision will mean setting aside around Rs 100,000 crore for procurement of military platforms and equipment from the Indian manufacturers, he said.<\/p>\n<p style=\"text-align: justify;\">Singh made the announcement at an event where several agreements and technology transfer agreements were firmed up among a large number of defence companies which participated in Aero India 2023.<\/p>\n<p style=\"text-align: justify;\">&#8220;It is a very significant decision which will further strengthen the domestic defence manufacturing sector,&#8221; Singh said.<\/p>\n<p style=\"text-align: justify;\">He also said that Aero India 2023 has shown that the Indian defence sector is ready to march ahead along with top global defence companies.<\/p>\n<p style=\"text-align: justify;\">The MoUs and technology transfer agreements signed during Aero India will facilitate a new beginning for defence manufacturing in India, he said.<\/p>\n<p style=\"text-align: justify;\">A new chapter in India&#8217;s aerospace sector has begun today, he said referring to the agreements.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU, 15 Feb (PTI): In a significant announcement, Defence Minister Rajnath Singh on Wednesday said the government will spend 75 per cent of the total defence capital outlay for procurement from domestic defence manufacturers from 2023-24. The decision will mean setting aside around Rs 100,000 crore for procurement of military platforms and equipment from the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-211097","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-national"},"_links":{"self":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/211097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/comments?post=211097"}],"version-history":[{"count":0,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/211097\/revisions"}],"wp:attachment":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/media?parent=211097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/categories?post=211097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/tags?post=211097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}