Global economic situation will affect all nations, but not India’s defence procurement: Rajnath


PTI, Mar 20, 2020, 3:03 PM IST

New Delhi: Defence Minister Rajnath Singh said on Friday that the global economic situation would affect all nations, but ruled out any impact on India’s defence procurement.

Speaking at the launch of the draft Defence Procurement Procedure, 2020, Singh said the global economy could improve in the next two-five months.

“There would certainly be an impact of the global economy’s condition on all nations. I feel there would be hardly any impact of global economy’s condition on India’s defence procurement,” Singh said when asked if the global economy’s condition and the coronavirus pandemic would affect Indian defence procurement.

“We can’t rule out a possibility that global economy will improve in next 2 to 5 months,” he said.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Thank you, Mumbai, we will remember this one: Kohli after MI’s win seals RCB’s playoff berth

Doesn’t matter if there is a common language or not: Ayushmann Khurrana

Road crash in UP leaves 8 dead; PM announces Rs 2 lakh ex gratia for kin of deceased

Bengaluru: Man falls to death as car hits bike on flyover

Biden says monkeypox cases something to ‘be concerned about’

8 task forces formed to monitor development work in Bengaluru

“We will consider,” says Bommai on further cut in fuel tax


Related Articles More

Deferred Ayodhya visit as developments around it were ploy to ‘trap’ MNS workers into legal hassles: Raj Thackeray

Road crash in UP leaves 8 dead; PM announces Rs 2 lakh ex gratia for kin of deceased

SC orders clubbing of FIRs in scam cases, says multiplicity of proceedings not in public interest

Foxglove blooms bright in J-K’s ‘Valley of Flowers’ but tourism slump continues; locals blame BDA

Biden says monkeypox cases something to ‘be concerned about’

MUST WATCH

High tech Bust stand Inaguration at Shirva

NEWS BULLETIN 21-05-2022

We will have 2 options

Chikkamagaluru DC statement Namaz at Dattapeeta video goes viral

Kalasa Crime : CCTV Footage found


Latest Additions

Deferred Ayodhya visit as developments around it were ploy to ‘trap’ MNS workers into legal hassles: Raj Thackeray

Thank you, Mumbai, we will remember this one: Kohli after MI’s win seals RCB’s playoff berth

Doesn’t matter if there is a common language or not: Ayushmann Khurrana

Road crash in UP leaves 8 dead; PM announces Rs 2 lakh ex gratia for kin of deceased

SC orders clubbing of FIRs in scam cases, says multiplicity of proceedings not in public interest

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.