'India Was Paying Amount As Much As Its Defence Budget Just For...': PM Modi Pitches For Aatmanirbhar Bharat

Gujarat:

Prime Minister Narendra Modi on Saturday pitched for a self-reliant India, saying an amount almost equal to India’s defence budget was being paid to foreign companies for shipping its goods across the world.Addressing a rally in Gujarat, PM Modi said that India is paying nearly Rs 6 lakh crore — which he termed as an amount almost as much as India’s defence budget — to foreign companies for shipping.Hitting out at past governments, PM Modi said that had this amount been invested in building India’s own shipping industry, then today, it would have earned us billions apart from saving our own money.

Building upon his argument, PM Modi said that there is no other option for India other than becoming self-reliant (Aatmanirbhar Bharat) if it has to become a developed nation by 2047.From Jeep to Ship building, India has to do everything on its own as there is no other option left.