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Govt to complete defence acquisitions within 2 years, promote private participation: Union Minister- The New Indian Express

Govt to complete defence acquisitions within 2 years, promote private participation : Rajnath Singh

Govt to complete defence acquisitions within 2 years, promote private participation : Rajnath Singh NEW DELHI : Defence Minister Rajnath Singh on Monday said that the Centre will make efforts to complete the pending defence acquisitions within two years and to promote private participation in the defence sector. Addressing a Webinar on ‘Budget Announcements 2021-22’, Singh said,” Government of India has brought many reforms in last 6 years. There is a clear focus of the government on ‘Ease of Doing Business’ to encourage foreign Original Equipment Manufacturer (OEMs), to set up manufacturing units in India, develop joint ventures and promote private participation in the defence sector.”

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