Posted On: 07 FEB 2022 4:36PM by PIB Delhi
Details of expenditure incurred on Foreign Procurement under Capital Acquisition head for modernisation of the Defence Services from Financial year 2014-15 to 2021-22 are as under:
(Rs. In Crore)
Year | Foreign Procurement | Foreign Procurement as % age of total Capital Acquisition Head |
2014-15 | 25,980.98 | 39.45 |
2015-16 | 23,192.23 | 37.20 |
2016-17 | 27,278.09 | 39.45 |
2017-18 | 29,035.42 | 39.92 |
2018-19 | 36,957.06 | 48.68 |
2019-20 | 38,156.83 | 41.89 |
2020-21 | 42,786.54 | 36.00 |
2021-22* | 29,658.14 | 39.44 |
* Upto December 2021
From the above table, it may be observed that component of the Foreign Procurements under this head has been progressively decreasing since 2018-19.
The government has taken several policy initiatives in past few years under ‘Make in India’ Program and brought reforms to encourage indigenous design, development and manufacture of defence equipment in the country, thereby reducing dependence on imports in coming years. Further, Defence Acquisition Procedure (DAP) 2020 and other policy initiatives have focused on boosting indigenous defence capability, reducing reliance on imports and promoting Aatmanirbhar Bharat. These initiatives, inter-alia, include according priority to procurement of capital items from domestic sources under Defence Acquisition Procedure (DAP)-2020. Funds for Domestic Capital Procurement under Capital Acquisition Heads of Defence Services are also being earmarked from Financial Year 2020-21. Some of the measures/initiatives taken are:
Details of indigenous production of defence and aerospace related items from 2014-15 to 2020-21 are as under:
S. No. | Financial Year | Total Annual Turnover (Rs in crore) |
1 | 2014-15 | Not available * |
2 | 2015-16 | |
3 | 2016-17 | 74054 |
4 | 2017-18 | 78820 |
5 | 2018-19 | 81120 |
6 | 2019-20 | 79071 |
7 | 2020-21 | 84643 |
* No compilation of data for 2014-15 & 2015-16 has been done.
This information was given by Raksha Rajya Mantri Shri Ajay Bhatt in a written reply to Smt Priyanka Chaturvedi in Rajya Sabha on February 07, 2022.
Also See:
Mobilizing the power of video telematics, Fleetx has introduced a transformative driver authentication system. The…
From meager 50,000 Indians going to study abroad in 1999, the numbers have risen to…
Whatfix, a global leader among digital adoption platforms (DAPs), has entered into a strategic alliance…
The Akshaya Patra Foundation, a non-profit organisation focussed on providing unlimited food for education for…
In a landmark achievement for India, Suvarna Raj, a celebrated para-athlete and a passionate disability…
Parimatch is excited to announce the launch of two new exclusive games tailored specifically for…