CURRENT AFFAIRS

Detailed explanation-1: -Ministry of Defence (MoD) has formulated a draft DPEPP 2020 as guiding document of MoD to provide a focused, structured, and significant thrust to defence production capabilities of the country for self-reliance and exports.

Detailed explanation-2: -1.6 The present ‘Defence Production & Export Promotion Policy (DPEPP) 2020’ is positioned as Ministry of Defence’s overarching guiding document to provide a focused, structured and significant thrust to defence production capabilities of the country for self-reliance and exports.

Detailed explanation-3: -Defence Minister Rajnath Singh on Saturday said the government is working and committed to increasing the defence production target from current $12 billion to $22 billion by 2025.

Detailed explanation-4: -Positive indigenisation lists of over 3, 700 items including components/line replacement units for defence public sector units, and 310 other defence related items have been issued by defence ministry to promote self-reliance.

Detailed explanation-5: -According to the research, the United States topped the list with a share of 39 percent, followed by Russia with 19 percent and France with 11 percent. China and Germany rounded out the top five with 4.6 percent and 4.5 percent, respectively.