{"id":13495,"date":"2024-06-14T15:42:22","date_gmt":"2024-06-14T15:42:22","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=13495"},"modified":"2024-06-14T15:42:22","modified_gmt":"2024-06-14T15:42:22","slug":"defence-equipment-parts-rajkot-units-hopeful-of-boom","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/defence-equipment-parts-rajkot-units-hopeful-of-boom\/","title":{"rendered":"Defence equipment parts: Rajkot units hopeful of boom"},"content":{"rendered":"<p>The increase in capital procurement budget to 68% for domestic  in the <a href=\"https:\/\/exam.pscnotes.com\/defence\">DEFENCE<\/a> sector is expected to increase output from Rajkot, the hub of engineering units, many of whom are engaged in making parts for defence equipment. There are at least 300 small and big units making parts for<u>defence equipment<\/u>, according to industry sources in Rajkot.<br \/> Over the last few years, the engineering units of Rajkot are bagging contracts from the Indian Railways as well as the defence ministry.<\/p>\n<p>The<u>Union budget<\/u>also proposed to open up research and development for industry and startups in the defence sector.<\/p>\n<p>The FM proposed revoking anti-dumping duty and countervailing duty (CVD) on stainless steel and coated steel flat products, bars of <a href=\"https:\/\/exam.pscnotes.com\/alloy\">Alloy<\/a> steel and high speed steel. This will also help the local engineering units, especially those making kitchenware and hardware industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The increase in capital procurement budget to 68% for domestic in the DEFENCE sector is expected to increase output from Rajkot, the hub of engineering units, many of whom are engaged in making parts for defence equipment. There are at least 300 small and big units making parts fordefence equipment, according to industry sources in &#8230; <a title=\"Defence equipment parts: Rajkot units hopeful of boom\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/defence-equipment-parts-rajkot-units-hopeful-of-boom\/\" aria-label=\"Read more about Defence equipment parts: Rajkot units hopeful of boom\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1084],"tags":[1016],"class_list":["post-13495","post","type-post","status-publish","format-standard","hentry","category-gujarat","tag-27-01-22"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Defence equipment parts: Rajkot units hopeful of boom - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/defence-equipment-parts-rajkot-units-hopeful-of-boom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Defence equipment parts: Rajkot units hopeful of boom\" \/>\n<meta property=\"og:description\" content=\"The increase in capital procurement budget to 68% for domestic in the DEFENCE sector is expected to increase output from Rajkot, the hub of engineering units, many of whom are engaged in making parts for defence equipment. There are at least 300 small and big units making parts fordefence equipment, according to industry sources in ... 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There are at least 300 small and big units making parts fordefence equipment, according to industry sources in ... 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