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#Union Budget 2022-2023: Overview of Domestic Procurement and Development in Defence Sector - (01 Feb 2022)

DEFENCE

Union Budget earmarks 68% capital procurement budget for domestic procurement. Defence R&D will be opened up for start ups, private industry and academia. Independent nodal body to be set up. AI, geo spacial systems, drones, space economy, pharma has immense potential for sustainable development.

Tags : UNION BUDGET   DOMESTIC PROCUREMENT   DEVELOPMENT IN DEFENCE SECTOR  

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