Explorer

Rajnath Singh's 'Aatmnirbhar Bharat' Push, MoD Announces Import Embargo On 101 Weapon Systems

The Defence Ministry said that the embargo on imports is planned to be progressively implemented between 2020 to 2024 and this will be a great step on making India Aatmnirbhar (Self-reliant)

In a major announcement on Sunday morning, Defence Minister Rajnath Singh said the Ministry of Defence was ready for a big push to the "Atma Nirbhar Bharat" initiative and would introduce import embargo on 101 items beyond given timeline to boost indigenisation of defence production. Also Read|Air India Crash: Aviation Expert Had Warned DGCA About Kozhikode Airport In 2011 After Mangalore Plane Cash Prime Minister has given a clarion call for a self-reliant India based on the five pillars, i.e., Economy, Infrastructure, System, Demography & Demand and announced a special economic package for Self-Reliant India named ‘Atamnirbhar Bharat’. Defence Minister said, "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". Rajnath Singh said, "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." "This decision will offer a great opportunity to the Indian defence industry to manufacture the items in the negative list by using their own design and development capabilities or adopting the technologies designed & developed by DRDO to meet the requirements of the Armed Forces." Also read|Union Minister Arjun Ram Meghwal Who Said 'Bhabiji Papad Will Save You' Tests Positive For Coronavirus; Admitted To AIIMS "The list is prepared by MoD after several rounds of consultations with all stakeholders, including the Armed Forces, public & private industry to assess current and future capabilities of the Indian industry for manufacturing various ammunition & equipment within India." "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." "Of these, items worth almost Rs 1,30,000 crore each are anticipated for the Army and the Air Force while items worth almost Rs 1,40,000 crore are anticipated by the Navy over the same period" The Defence Minister said, "All necessary steps would be taken to ensure that timelines for production of equipment as per the Negative Import List are met, which will include a co-ordinated mechanism for hand holding of the industry by the Defence Services." "More such equipment for import embargo would be identified progressively by the DMA in consultation with all stakeholders. A due note of this will also be made in the DAP to ensure that no item in the negative list is processed for import in the future." "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."
View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

BCCI Secretary Jay Shah Announces Whopping Prize Money After India's T20 World Cup 2024 Win
BCCI Secretary Jay Shah Announces Whopping Prize Money After India's T20 World Cup 2024 Win
3 New Criminal Laws To Take Effect Today Replacing Colonial-Era IPC, CrPC, Evidence Act. Know Key Reforms
3 New Criminal Laws To Take Effect Today Replacing Colonial-Era IPC, CrPC, Evidence Act. Know Key Reforms
Ravindra Jadeja Announces Retirement From T20Is Following T20 World Cup 2024 Triumph
Ravindra Jadeja Announces Retirement From T20Is Following T20 World Cup 2024 Triumph
With NEET-UG Row, Agnipath & Inflation In Focus, Parliament Set For Heated Debates In Second Week Of Session
With NEET-UG Row, Agnipath & Inflation In Focus, Parliament Set For Heated Debates On July 1
Advertisement
ABP Premium

Videos

Women empowerment in J&K’s Nowshera under the UMEED scheme | ABP NewsWatch: Cars swept away in raging Ganga as Haridwar faces weather's wrathDevotees depart for holy Amarnath Shrine amid tight security from Pantha Chowk base campWhole of India is filled with enthusiasm: President of Punjab Cricket Association on India’s T20 WC victory

Photo Gallery

Embed widget