Over Rs 21K cr defence domestic capital procurement allocated for pvt cos| Argus News

Over Rs 21K cr defence domestic capital procurement allocated for pvt cos

by Argus News

NEWS HIGHLIGHTS

The Ministry of Defence has decided that 25 per cent of domestic capital procurement will be earmarked for the domestic private industry.

New Delhi, April 9: The Ministry of Defence has decided that 25 per cent of domestic capital procurement or acquisition budget, amounting to Rs 21,149.47 crore, will be earmarked for the domestic private industry in this financial year.

It is in continuation with the government's efforts to promote private industry, MSMEs and start-ups in the defence production eco-system.

Further, to foster innovation and encourage technology development in defence, it has also been decided that an amount of Rs 1,500 crore will be earmarked for procurement from start-ups, including iDEX start-up, from within the allocations for Domestic Capital Procurement.

These steps will foster the growth of private industry, MSMEs and start-ups in the defence ecosystem.

Earlier, the Ministry of Defence had decided to earmark 68 per cent of capital procurement budget for the entire domestic industry during Financial Year 2022-23.

Accordingly, an amount of Rs 84,597.89 crore was allocated specifically for domestic defence industry in the current Financial Year.
(IANS)

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Shivraj Win Budhni By Over 1 Lakh Votes, Kamal Nath Secures Victory From Chhindwara By 36k Votes

by Pabitra Mohan Senapaty

Bhopal, Dec 3: Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Sunday secured a landslide victory from Budhni Assembly constituency in Sehore district.

Chouhan defeated Congress candidate and TV actor Vikram (Sharma) Mastal by 1.04 lakh votes.

Chouhan garnered 1,64,951 votes (70.7 per cent vote share) while Mastal trailed far behind with a mere 59,977 votes — creating a victory margin of 1,04,974 votes.

Beside Budhni, the BJP has also won other three seats – Sehore, Astha, and Pichhore in the home district of Chouhan.

BJP candidates Sudesh Rai won Sehore seat by 37,851 votes, Gopal Singh won Astha seat by 7,903 votes, and Karan Singh Verma won Ichhawar seat by 16,346 votes.

On the BJP’s clean sweep in Madhya Pradesh along with neighboring Chhattisgarh and Rajasthan, Chouhan said gave credit to Prime Minister Narendra Modi’s leadership for the results.

However, Chouhan also mentioned that he never felt the atmosphere of anti-incumbency against his government during the election campaign.

"Prime Minister Narendra Modi is in the hearts of the people of Madhya Pradesh. The work done by the double-engine government, and MP government’s Ladli scheme, has helped uplift people and improve their lives. All of us have worked hard together,” he added.

Madhya Pradesh Congress P:resident Kamal Nath, who led the party’s campaign, secured victory from his bastion Chhindwara by 36,594 votes, defeating BJP's Vivek Bunty Sahu.

The veteran Congress leader congratulated the BJP on its victory.

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"We accept the decision of Madhya Pradesh voters in this contest of democracy. We, being the opposition party, will stick to our duty. I congratulate the BJP and hope that they will live up to the people’s support they got," he said at a press conference.

IANS

Gehlot’s OSD Launches Scathing Attack Against Outgoing Cm For Cong'S Debacle In Rajasthan

by Pabitra Mohan Senapaty

Jaipur, Dec 3: Lokesh Sharma, the OSD to Ashok Gehlot, on Sunday launched a scathing attack against the outgoing Chief Minister by holding him solely responsible for Congress' debacle in the Assembly elections, the results of which were announced on Sunday.

The BJP swept the polls by winning 115 seats in the 199-member Assembly to oust the Congress, which was reduced to just 69 seats.

“I am hurt by the results, but not surprised. Congress could have undoubtedly changed the customs in #Rajasthan, but Ashok Gehlot ji never wanted any change. This is not the defeat of Congress, but of Ashok Gehlot ji.

“The party fought the elections under Gehlot's leadership, giving him a free hand and according to him, he himself was contesting on every seat. Neither his experience, nor magic worked. Congress did not win with the help of his plans, nor did the immense ‘pink' campaign work.

"Despite being a three-time CM, Gehlot brought the party down. Till date, he has only taken from the party, but has never been able to help the Congress retain power in the state,” Sharma said.

And Sharma didn't stop here as he went on to use phrases like “cheating with the high command", "not allowing correct feedback to reach the top", "not allowing anyone to become an alternative", "continuously taking wrong decisions out of narcissism", "being surrounded by immature and selfish people", "ignoring all feedback and surveys", "allotting tickets to his favourite candidates", etc. to target the outgoing Chief Ministers.

“The results which came out today were certain. I myself had told this to the Chief Minister earlier, I had warned him many times, but he did not listen... In fact, he didn't like any person who told the truth,” Sharma said.

It needs to be mentioned here that Sharma wanted to contest the polls from Bikaner, but Gehlot had emphasised that state Education Minister B.D. Kalla should seek renomination from the seat.

Sharma had also asked for a ticket from Bhilwara, but was denied.

"I traveled continuously for six months, met people, organised dialogue programmes with thousands of youth, covered about 127 Assembly constituencies and submitted ground reports to the CM.

"I put all the details on the table so that decisions could be made by taking corrective steps on time... I myself had expressed my desire to contest the elections, first from Bikaner and then on the request of the CM from Bhilwara, the seat where we were losing for 20 years.

"But he was in no mood for an experiment. And for B.D. Kalla ji, I had told six months ago that he would lose the elections by more than 20,000 votes, and that's what happened," said Sharma.

5th T20I: Shreyas Iyer's Fifty Helps India Reach 160/8 Against Australia

by Pabitra Mohan Senapaty

Bengaluru, Dec 3: Shreyas Iyer struck a 37-ball 53 to help India post a modest 160/8 against Australia in the fifth and final T20I of the bilateral series at the M. Chinnaswamy stadium here on Sunday.

While Shreyas Iyer struck five boundaries and two maximums, Jitesh Sharma hammered a 16-ball 24 and Axar Patel blasted a 21-ball 31 studded with two fours and one six as India recovered from an early collapse to post a modest title.

Having already sealed the series 3-1 in the fourth match at Raipur, India made a decent start of 33 before opener Yashasvi Jaiswal was sent back by Jason Behrendorff for 21 in the fourth over.

Fellow opener Ruturaj Gaikwad (10) was out in the next over, caught by Behrendorff off Ben Dwarshuis as India slumped to 33 for two after Australia skipper Matthew Wade won the toss and elected to bowl first in the inconsequential match.

Skipper Suryakumar Yadav could manage only five runs while Rinku Singh, the hero of India's victory in the fourth match, failed for once, getting out for six runs, caught by Tim David off Tanveer Sangha.

Shreyas and Jitesh added 42 runs for the fifth wicket while he and Axar Patel raised 46 runs for the sixth wicket partnership as India reached 143/6 in the 19th over.