https://www.taxtmi.com/news?id=25024 Reiterates commitment to Atmanirbharta by increasing the share of capital procurement reserved for the domestic industry compared with the prior year. Opens Defence R&D to industry, startups and academia by earmarking a portion of the R&D budget, encourages private industry to undertake design and development of military platforms through an SPV model, and proposes an independent nodal umbrella body to meet testing and certification requirements. en-us Tue, 01 Feb 2022 13:22:08 +0530 Tue, 01 Feb 2022 13:22:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25024 Reiterates commitment to Atmanirbharta by increasing the share of capital procurement reserved for the domestic industry compared with the prior year. Opens Defence R&D to industry, startups and academia by earmarking a portion of the R&D budget, encourages private industry to undertake design and development of military platforms through an SPV model, and proposes an independent nodal umbrella body to meet testing and certification requirements. News - Tue, 01 Feb 2022 13:22:08 +0530 https://www.taxtmi.com/news?id=25024