NEWS
Monday, August 13, 2018
MHA Advisory against use of National Flag made of plastic
Strict compliance of ‘Flag Code of India, 2002’ and ‘The Prevention of Insults to National Honour Act, 1971’
To phase out use of single-use plastic items in offices.
Thursday, August 9, 2018
VERY SENSITIVE NEWS - TECHNOLOGICAL PARTNER FOR SMALL ARMS
Wednesday, August 8, 2018
NOTICE FOR HOLDING PENSION ADALAT AT HEAVY VEHICLES FACTORY, AVADI, CHENNAI – 600054.
Clarifications regarding House Building Advance
Tuesday, August 7, 2018
PENSIONER - Representations regarding revision of pension of Pre-96 & Pre-2006 Pensioners.
New Defence Production Policy
MINISTRY OF DEFENCE
New Defence Production Policy
In
the Budget Speech 2018, Government has announced that it will bring out
an industry friendly Defence Production Policy 2018 to promote domestic
production by public sector, private sector and micro, small and medium
enterprises (MSMEs). Consequent to this, a draft Defence Production
Policy 2018 has been prepared which provides a focused, structured and
significant thrust to development of defence design and production
capabilities in the country. The draft policy has been shared with all
concerned stakeholders for their views before notification.
The
salient features of the Draft Policy which is already placed in public
domain for consultation with stakeholders is as follows:
- Creation of a dynamic, robust and competitive defence and aerospace industry as an important part of the ‘Make in India’ initiative.
- Creation of a tiered defence industrial ecosystem in the country.
- Reducing current dependence on imports and strive to achieve self-reliance in development and manufacture of weapon systems / platforms.
The
Policy mandates for Transfer of Technology or enhanced Foreign Direct
Investment (FDI) for domestic production in the event of
non-availability of manufacturing capabilities in the country.
The
policy envisages that Ordnance Factory Board (OFB) should focus on
system integration, design and development, and actively engage domestic
vendors in the private sector for other assembly work.
This
information was given by Raksha Rajya Mantri Dr. Subhash Bhamre in a
written reply to Shri Vivek K. Tankha in Rajya Sabha today.
NAo/Nampi/Rajib/HS
(Release ID :181530)
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