Rs 99223 Cr earmarked for defence domestic industry in FY 2023-24

In line with Government of India initiative of ‘Aatmanirbhar Bharat’ and to promote self-reliance in defence sector, funds under Modernisation Budget (Capital Acquisition) for Financial Year 2023-24 has been earmarked in the ratio of 75:25, where 75% i.e. Rs 99,223.03 crore is for procurement through Domestic sources and 25% i.e. Rs 33,078.24 crore is for Foreign Procurement. The details…

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Indian Army under United Nations Plan

As per the information provided by State Defence Minister of India Shri Ajay Bhatt, Indian Army is sent to other countries to maintain peace under the United Nations Plan. The details are given below: S No. Mission Total Strength (July, 2023) 1. MONUSCO 1,826 2. UNMISS 2,403 3. UNIFIL 895 4. UNDOF 202 5. UNISFA…

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Indian Govt. enhances financial aid for welfare of ex-servicemen

In pursuit of strengthening the support systems for the ex-servicemen and their families, the Indian Defence Minister Shri Rajnath Singh, on August 11, 2023, approved a substantial increase in financial aid aimed at benefiting ex-servicemen & their families. The increased financial assistance provisions stand as a testament to Prime Minister Shri Narendra Modi-led government’s recognition…

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Status of Chandrayaan-3 Mission

Chandrayaan-3 spacecraft was successfully launched onboard LVM-3 on 14th July, 2023 at 14:35 hrs from the Satish Dhawan Space Centre, SHAR. The spacecraft is currently undergoing a series of orbit maneuvers with the objective of reaching the moon’s orbit and has two phases namely Earth Bound Phase and Lunar Bound Phase. The spacecraft is currently in…

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Exercise MALABAR 2023 begins in Australia

Exercise MALABAR 2023 scheduled at/ off Sydney from 11 – 21 August 23 has begun today. Indian Navy’s indigenous frontline warships INS Sahyadri and INS Kolkata will participate inalong with ships and aircraft from the US Navy (USN), Japan Maritime Self Defence Force (JMSDF) and the Royal Australian Navy (RAN). Noteworthy, MALABAR series of maritime…

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Indian Space Policy-2023 sets stage for enhanced private sector participation

Union Minister of State (Independent Charge) Science & Technology; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said that the Indian Space Policy-2023 has been approved and released in the public domain. The Policy opens up the sector for enhanced participation of Non-Government Entities (NGEs) across the entire value chain of…

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