Rajnath Singh listed out the steps taken to encourage the private sector.

Rajnath Singh asserted that the Government  is constantly working towards bolstering all dimensions of national security to take the country to greater heights.

Raksha Mantri Rajnath Singh has called upon the Indian defence industry to identify and manufacture state-of-the-art cost-effective products/technologies to realise Prime Minister Shri Narendra Modi’s vision of a ‘New India’ that not only caters to its own needs, but also fulfils international requirements, while addressing the 5thAnnual Session of Society of Indian Defence Manufacturers (SIDM) in New Delhi on September 27, 2022.

Rajnath Singh asserted that the Government  is constantly working towards bolstering all dimensions of national security to take the country to greater heights.

“Only a secure and strong nation can achieve the heights of success. No matter how rich or knowledgeable a nation is, its prosperity is threatened if national security is not ensured. We are focussing on national security and economic prosperity to make India one of the strongest countries in the world,” he said.

Rajnath Singh listed out the steps taken to encourage the private sector, including earmarking 68 per cent of capital procurement budget for domestic industry in 2022-23, out of which, 25 per cent has been allocated for the private sector.