As stated by the media, Modi Government is fast. It is preparing a Cabinet Note for taking decision to allow 100% FDI in Defence as in the Railways.
Defence is one sector where maximum outside purchase is made. India has got its Defence Factories, which produces a variety of equipment. HAL is there with regard to the production of aircrafts.
Instead of developing these infrastructure and facilities,if necessary by foreign collaboration, why 100% FDI is being brought, which is almost like handing over our defence production to the foreigners.
This will result in our complete dependence on MNCs for our strategic defence requirements. Modi Government should rethink on this matter.