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Current Affairs - 2021
Who recently launched Defence India Startup Challenge 5.0?
A)
Narendra Modi
B)
Amit Shah
C)
Rajnath Singh
D)
Nirmala Sitharaman

Correct Answer :   Rajnath Singh


Raksha Mantri Rajnath Singh launched Defence India Startup Challenge (DISC) 5.0 under Innovations for Defence Excellence – Defence Innovation Organisation (iDEX-DIO) initiative, on August 19, 2021, in New Delhi. The Ministry of Defence has earmarked Rs 1,000 crore for domestic procurement through the iDEX initiative for the financial year 2021-2022. The Department of Defence Production, Ministry of Defence has approved budgetary support of Rs. 498.80 crore for iDEX for the next 5 years from 2021-22 to 2025-26.
 
About the DISC :
DISC is a platform wherein the Government, Services, think tanks, industry, startups and innovators can work together to help the defence & aerospace sectors reach full potential by creating a strong, modern & well-equipped military and equally capable & self-reliant defence industry.

Published On : August 20, 2021
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