Explorer

All ordnance factories depots to continue, no employee to be retrenched: Jaitley

New Delhi [India], Aug.11 (ANI): Defence Minister Arun Jaitley today assured the Lok Sabha before it adjourned sine die that all Ordnance Factories Depots (OFD) will continue to operate and no employee will be retrenched.

Replying to supplementaries in the Lok Sabha, Jaitley said the core competence of OFDs are ammunition manufacturing and allayed fears of the members that any ordnance factories depots will be closed.

He also reassured the members that the defence forces have adequate equipment and preparedness for any eventualities. Jaitley asserted that government is taking measures for modernisation of the armed forces.

He said modernisation of armed forces is a continuous process undertaken as per the extant Defence Procurement Procedure (DPP) to keep the forces in a state of readiness to meet operational and security challenges. The minister said through inducting of new equipment and upgrading of existing equipment and systems modernisation projects are progressed.

The defence minister said government is taking steps to promote indigenisation and self reliance in the defence sector.

Jaitley said these measures include according high priority and preference to procurement from Indian vendors and liberalisation of the licensing regime.

He also said government has promulgated the policy on strategic partnership in the defence sector intended to institutionalise a transparent and objective mechanism to encourage broader participation of the private sector in manufacture of major defence platforms and equipment.

The minister said to promote the participation of private sector, outsourcing and vendor development guidelines have been formulated. (ANI)


This story has not been edited. It has been published as provided by ANI

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headline

I.N.D.I.A Bloc In Bihar: Here's How Congress, RJD Have Decided To Share Seats After JD-U's Exit
I.N.D.I.A Bloc In Bihar: Here's How Congress, RJD Have Decided To Share Seats After JD-U's Exit
'BJP Should Pay Rs 4,600 Crore': Congress Slams Income Tax Dept, ECI After Getting Rs 1,700-Crore Notice
'BJP Should Pay Rs 4,600 Crore': Congress Slams Income Tax Dept, ECI After Getting Rs 1,700-Crore Notice
Another Blow To Congress As I-T Dept Serves Rs 1,700-Crore Notice Ahead Of Lok Sabha Elections: Report
Another Blow To Congress As I-T Dept Serves Rs 1,700-Crore Notice Ahead Of Lok Sabha Elections
Sunita Kejriwal Launches WhatsApp Campaign To Drum Up Support For Jailed Delhi CM
Sunita Kejriwal Launches WhatsApp Campaign To Drum Up Support For Jailed Delhi CM
Advertisement
for smartphones
and tablets

Videos

ABP Shikhar Sammelan 2024: Anurag Thakur Stresses That No Election Comes Without Challenges'I Have Studied Kejriwal's Graph, When He Speaks Against Modi Ji, It Drops': BJP Leader & Minister Of Urban Development Hardeep Puri'Murkhta Ke 3 Levels Hote Hai': BJP Leader &  Minister of Urban Development Hardeep Puri At ABP Shikhar Sammelan 2024Is BJP Bluffing Over 400-Mark? Check Anurag Thakur's Response At ABP Shikhar Sammelan 2024 | ABP News
Embed widget