New Delhi: Raksha Mantri Rajnath Singh has exhorted the Non-Official Directors of Defence Public Sector Undertakings to ensure smooth implementation of various initiatives taken by the Government towards achieving ‘Aatmanirbharta in Defence’. He was addressing the CMDs and NODs of DPSUs during first-of-its kind workshop organised by Department of Defence Production in New Delhi on July 13, 2022. Shri Rajnath Singh asserted that the country is witnessing a transitional phase towards self-reliance and active & collective efforts are central to realise Prime Minister Shri Narendra Modi’s vision of ‘Aatmanirbhar Bharat’.
Rajnath Singh listed out various initiatives taken by MoD to achieve self-reliance, including simplification of acquisition process of defence equipment/platforms under Defence Acquisition Procedure 2020; flexibility in Offset guidelines; increase in FDI limit to 74% under Automatic Route and up to 100% under government route; simplification of process of obtaining license; launch of Innovations for Defence Excellence (iDEX) initiative and enhanced use of Artificial Intelligence in the defence sector. He added that MoD has set a target of Rs 1.75 lakh crore of defence production by 2025, which includes export of Rs 35,000 crore. He exuded confidence that the DPSUs will play a major role in achieving this goal with a contribution of 70-80 per cent, urging CMDs & NODs to work hand-in-hand to ensure that these public sector companies find place among world’s best in different fields.
The aim of the workshop was to sensitise the NODs about their role and responsibilities and help them to improve the performance of DPSUs. The NODs play a significant role in the Board of Central Public Sector Enterprises. They help in bringing an independent judgement, bring an objective view in the evaluation of the performance of Board & Management; facilitate quality standards for products and services of the company; balance the interests of the stakeholders and encourage in adopting green technologies and resource conservation practices by the company.
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