New Delhi [India], February 1 (ANI): Union Defence Minister Rajnath Singh said that 68 per cent of the Union Budget will be invested in local procurement of defence products.
Hailing the Budget, Singh said, "The Budget outlines the Government's focus on Atamnirbharata and Prime Minister Shri @narendramodi's vision for development and pro-people reforms. It is a growth-oriented Budget focused on harnessing the energies of New India. #AatmanirbharBharatKaBudget
He further said, "The 68 per cent of defence capital procurement budget has been allocated towards local procurement. It is in line with the 'Vocal for Local' push and it will certainly boost the domestic defence industries."
Union Finance Minister Nirmala Sitharaman tabled the Union Budget in Parliament on Tuesday. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)













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