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Share your ideas for Implementation of Budget Initiatives for the Defence Sector

Last Date Mar 31,2021 23:45 PM IST (GMT +5.30 Hrs)
Submission Closed.

Recently, the Hon’ble Prime Minister Shri Narendra Modi addressed the webinar on effective implementation of the Union Budget provisions in the defence sector. During his ...

Recently, the Hon’ble Prime Minister Shri Narendra Modi addressed the webinar on effective implementation of the Union Budget provisions in the defence sector. During his address, the Prime Minister said that the webinar was of great significance as it focused on the important issue of making the country’s defence sector self-reliant.

The Prime Minister said that the defence corridors that are being built in the country today would also help local entrepreneurs and local manufacturing. That is, today, self-sufficiency in our defence sector has to be seen as the empowerment of these two fronts – “Jawan as well as Youth”.

The key announcements in the Union Budget related to Defence Sector are as follows and we seek ideas and suggestions from the public and other stakeholders on the same:
• Budgeted expenditure for capital outlay in defence increased by approx. 19%, highest in 15 years
• Disinvestment aimed in the sector to increase opportunities for private players
• Reduction in customs duty rates to nil for import of parts by public sector units (under Ministry of Defence) for manufacturing of aircrafts and parts

Last date of submission is 31st March 2021

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ABHAY KUMAR 1 month 1 week ago

मुख़्तार अंसारी ऐसा अपराधी है जिसने Police वाले शैलेंद्र सिंह&बृजलाल को ठेंगा दिखाता रहा
आज जीने के लिए wheel chair का बहाना करके U.P ना जाने का scheme बना रहा है

लेकिन शर्मनाक पंजाब सरकार आज वही कर रही है जो पूर्व में मुलायम सरकार ने U.P में किया था

Karma always strikes back

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PSingh 1 month 1 week ago

You're doing a fantastic job as the Indian PM. You're a global leader and we respect you so much in the West. You put India first. We appreciate all your hard work, you're a true son of India. You have done so much for the Indian defence, army and security forces. For 70 years in Congress corrupt rule, they were neglected and now you're putting everything right. Finally India is in the right pro India nationalist hands and we are with you globally. God bless you, Jai Shree Ram ji 🙏🏼.

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KRITIKA NANGIA 1 month 1 week ago

Overlapping jurisdiction of the Ministry of Defence and Ministry of Industrial Promotion impair India's capability of defence manufacturing.
This is creating lack of coordination among two.
This should be considered.

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DHANALAKSHMI 1 month 1 week ago

In the Tamil Nadu budget, there should be job opportunities for the unemployed youth who have left their education in the rural areas. Thus, the country should grow further. The government should provide employment to one member of the family. Eliminate unemployment.

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KRITIKA NANGIA 1 month 1 week ago

One of the issues is stringent labour laws, compliance burden and lack of skills, affects the development of indigenous manufacturing in defence.Due to this, India hasn’t been able to attract FDI in defence.

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KRITIKA NANGIA 1 month 1 week ago

The pace of defence modernisation in India has remained slow and indigenous production of high-tech weapons continues to be a challenge. This is mainly due to
(a) declining defence budget towards long term investments, and research and development;
(b) process inefficiencies and delays in domestic production by government lead organisations.
These issue must be considered for the development of defence sector.

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