Home / News / India News / Article / Rajnath Singh, Devendra Fadnavis hail Union Budget 2022 as 'self-reliant'

Rajnath Singh, Devendra Fadnavis hail Union Budget 2022 as 'self-reliant'

Rajnath Singh said the budget outlines the government's focus on 'Atamnirbharata' and Prime Minister Narendra Modi's vision for development and pro people reforms.

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Union Defence Minister Rajnath Singh. Photo/AFP

Union Defence Minister Rajnath Singh. Photo/AFP

Defence Minister Rajnath Singh on Tuesday described as an "excellent move" the proposal in the Union Budget to set aside 25 per cent of the defence R&D budget for start-ups and private entities in the financial year 2022-23.

Singh also welcomed Finance Minister Nirmala Sitharaman's announcement that 68 per cent of the defence capital procurement budget would be allocated towards procurement from domestic industry.

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