Raksha Mantri Shri Rajnath Singh on September 30 said, the Government is making concerted efforts to modernise the Navy and equip it with the best platforms, weapons and sensors to deal with any conventional and unconventional threats to India’s maritime interests. Shri Rajnath Singh was speaking at the launch of INS ‘Nilgiri’, the first of the Navy’s seven new stealth frigates, at Mazagon Dock Shipbuilders Limited in Mumbai. He said, 70% of India’s trade by value and 95% by volume is taking place through the sea route and even a slight disruption of seaborne trade due to piracy, terrorism or conflict, could have serious repercussions on the economic growth and well-being of the nation.
Raksha Mantri said, India is growing and its commercial interests are spreading far and beyond, yet there are challenges, including a hostile neighbourhood. “State-sponsored terrorism remains a challenge and the strong-willed Government will not hesitate to take tough decisions in the larger interest of the country. The repealing of the provisions under article 370 of the constitution is one such decision. We are confident that this will usher a new era of development and prosperity in Jammu, Kashmir and Ladakh”, Raksha Mantri added.