More private entry in government. Now the government has allowed private entry in naval armament industry also as per the following report in the Economic Times. As every body knows, this is part of the privatisation of armament industry. The NDA government is busy with its privatisation agenda.
“NEW DELHI: Government has issued industrial licences for naval armament business to large public and private sector companies including Larsen & Tubro, Pipavav and BHELBSE 2.36 %. Industrial licences have also been awarded to ABG ShipyardBSE -0.11 % and Alpha Design Technologies.
These licences have been given for works relating to warships, sub-marines, weapon platforms, high-speed boats and patrol research vessels. ” (Economic Times)