PM Dedicates Seven New Defence Companies On Auspicious Occasion Of Vijay Dashmi

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Creation of seven companies will give strength to Dr Kalam’s dream of strong India: PM
The Prime Minister, Shri Narendra Modi on 15 October delivered video address in an event organized by the Defence Ministry to dedicate the seven new Defence Companies to the Nation. Raksha Mantri Shri Raj Nath Singh and Raksha Rajya Mantri Shri Ajay Bhatt, among others, were present on the occasion.
He also paid tributes to Dr APJ Abdul Kalam and said that Dr Kalam dedicated his life to the cause of a strong nation and said that Restructuring of Ordnance Factories and creation of seven companies will give strength to his dream of strong India.
Seven new Defence companies were incorporated, namely Munitions India Limited (MIL); Armoured Vehicles Nigam Limited (AVANI); Advanced Weapons and Equipment India Limited (AWE India); Troop Comforts Limited (TCL) (Troop Comfort Items); Yantra India Limited (YIL); India Optel Limited (IOL); and Gliders India Limited (GIL).

These seven new companies will form a strong base for the military strength of the country in the times to come
• An order book of more than Rs. 65,000 Cr. reflects the increasing confidence of the country in these companies
• Today, Defence Sector is witnessing unprecedented transparency, trust and technology-driven approach”
• Our defence export has increased by 325 per cent in last five years

Govt extends insurance scheme for healthcare workers

The insurance scheme for healthcare workers fighting Covid-19 – the Pradhan Mantri Garib Kalyan Package (PMGKP) – has been extended by 180 days with effect from October 21. This has been done to continue providing the safety net to dependents of health workers who are deputed to take care of Covid-19 patients.