25% of desi defence procurement budget will go to private sector
NEW DELHI: The Ministry of Defence (MoD) has now decided that 25% of the domestic capital procurement budget, amounting to Rs 21,149 crore, will be earmarked for the private sector during the 2022-2023 financial year. “This is in continuation with the government’s efforts to promote the private industry, MSMEs and startups in the country’s defence…Continue Reading