Union Budget 2022: 68% Of R&D Budget In Defence To Promote Atmanirbhar Defence Manufacturing
February 1, 2022 15:41For encouraging “Atmanirbhar Bharat” further this year as well, 68% of the capital procurement budget in defence will be earmarked for the domestic industry in 2022-23 (up from the 58% last fiscal).To encourage research and development by private corporations, start-ups and academia into defence research and equipment development, states Finance Minister Nirmala Sitharaman while announcing […]
