Saturday, April 19, 2025 | 07:10 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Import embargo on 101 defence items would encourage self-reliance: PM Modi

Modi underscored the opportunities the government has created for the private sector by bifurcating the capital procurement budget into separate domestic and foreign procurement routes

Rajnath Singh
Premium

Defence Minister Rajnath Singh at the webinar in New Delhi on Monday Photo: PTI

Ajai Shukla New Delhi
Prime Minister Narendra Modi said on Monday that the government’s announcement last August of a “negative list”, consisting of 101 defence items embargoed progressively for import, was actually a “positive list” under the Aatmanirbhar Bharat (self-sufficient India) programme.

“This is a positive list that will increase our manufacturing capacities, generate new employment, reduce dependence on imports, and will give a guarantee to the products being manufactured in India to be consumed in India,” Modi said.

The PM was addressing a webinar the Ministry of Defence (MoD) organised in partnership with major industry chambers in the backdrop of a Rs 21,327 crore increase

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in