Business Standard

Ordnance factories won't be privatised: Jaitley

Image

IANS New Delhi

Finance Minister Arun Jaitley on Tuesday said ordnance factories are not being privatised, but added that these defence manufacturing units should not be "sewing clothes" either.

"Ordnance factories should focus on ammunition manufacturing, they should not be sewing clothes and tailoring," Jaitley said on Tuesday while replying to a discussion on supplementary demand for grants.

"We are not going to privatise ordnance factories," he added.

--IANS

ao/rn/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 01 2017 | 8:28 PM IST

Explore News