India has reserved over Rs 70,000 crore of its defence capital budget only for the domestic sector as part of a series of steps to remove the tag of being among the world’s largest importer of weapons. Announcing that 63 percent of the outlay in the current budget is for domestic procurement, Defence Minister Rajnath Singh said that it would go a long way in boosting the industry and another negative list for imports is likely to be issued soon. “My Ministry has planned to invest, about 63% of the outlay for 2021-22 on domestic procurement, about Rs.70221 Crore for