Page 23 - NIS English December1-15
P. 23
Defence Production: Efforts to Promote ‘Make in India’
Rs 52,000 Crore to promote AatmaNirbhar
Bharat in defence manufacturing and to
encourage domestic sellers
l Announcement of defence corridor
in February, 2018 enhances defence
production. The two corridors are in Uttar
Pradesh and Tamil Nadu. A target of exports
worth $5 Billion (about Rs 35,000 Crore) up
to 2025 has been set
l Notification issued for the list of defense
products for industrial licensing. Interaction
with private industries and startups was
promoted through DRDO and Department
of Defence Production. Expression of
Dhanush is the first Interest was released for the 'Future Infantry
indigenous cannon of India Combat Vehicle' (FICV) project
l Launch of Idex App to encourage small
and medium enterprises to join defence
l For the first time, weapons par excellence
and essentials like bullet proof jackets for production sector. As per this App more than
soldiers are being produced in India 50 startups have developed technology and
l Approval of 100 per cent FDI in defence equipments
production is a step towards making all l Due to the Government’s efforts India is
wings of defence powerful now ranked among top 25 countries in the
l Approval of separate Capital budget of exports of defence equipments
45-year-old mistake corrected, now One Rank One Pension!
l Under this scheme, officers of equal rank get l Finally, on November 7, 2015, Prime Minister
equal pension irrespective of their retirement Narendra Modi fulfilled his promise by
time. It means giving same pension to the implementing it with effect from July 1, 2014.
Colonel who retired in 1980 and the Colonel So far, around Rs 42,700 Crore have been
who is retiring today. paid as outstanding pension and allowances
l In 1973, the Government terminated ‘One to around 20,60,700 ex-servicemen or their
Rank One Pension’. In addition, the then families.
Government increased the pension of l Stay of family of martyred soldiers in the
civilians, who retired at 58, from 30 to 50 per Government accommodation has been
cent and reduced the pension of soldier. In extended to one year from three months.
September 2009, the Supreme Court gave Pensioner ex-servicemen and their
a nod for 'One Rank One Pension'. But dependents can avail benefits of treatment
despite all efforts, this 45-year-old demand in the empanelled private hospitals under
of ex-servicemen was not met with Ex-Servicemen Contributory Health Scheme
New India Samachar 21
