THE one irrefutable input in augmenting atmanirbharta, or self-sufficiency, to fulfil India’s assorted materiel requirements, as recently promulgated by Finance Minister Nirmala Sitharaman is, simply, money. And lots of it, to galvanise India’s sluggish defence industrial base by attaining military technology, expanding competitive manufacturing and augmenting military exports.
However, in the din over atmanirbharta, the Ministry of Defence (MoD) is, ostrich-like, disregarding the reality that apart from the massive funding needed to buttress this domestic initiative, similar amounts, if not more, will be needed annually to eventually procure the ensuing equipment. Read More…
