Monitoring Desk,12-Apr; Defence Minister Rajnath Singh has said that full potential of society’s development can be realized only when it is secure from external and internal threats.
He said, security is the bedrock on which prosperity, art and culture of any society can flourish and prosper.
Speaking during the inaugural session of the International Conference on Defence Finance and Economics in New Delhi today, Mr. Singh said ensuring security of the populace from external aggression and internal disruptions is the most primal function of the state.
He said, security is broadly categorized into internal security and external security and the responsibility of external security lies principally with the defense forces of the country.
He stressed that defence forces require a superstructure of defence ecosystem involving research and development organizations, defense production industries and soldier welfare organizations.
The three-day conference will provide a unique platform to policy makers, academicians and government officials to share their insights and experiences on Defence Finance and Economics in the present evolving security challenges.
Delegates from USA, UK, Japan, Australia, Sri Lanka, Bangladesh and Kenya are participating in the conference.
According to the Defence Ministry, the objective of the conference is to disseminate the best practices, experiences and expertise of various countries.
It will also facilitate collaborations with foreign governments, international institutions and global leaders in promoting government’s vision of Aatmanirbharta in the defence sector.
