INTERVIEW: "Hopeful of more defence reforms in future"

In an interview with CNBC-TV18’s Latha Venkatesh and Sonia Shenoy, Deba Mohanty, Vice President, Society for the Study of Peace and Conflict said that he was hopeful of more reforms beyond the move to hike FDI. Below is the edited transcript of the interview on CNBC-TV18.

 

 

Latha Venkatesh: There was a lot of publicity for the move to allow 49 percent FDI for manufacturing defence equipment. Have you noticed any other reform measures and procedures that the new government has initiated?

 

CNBC-TV18, Deba R Mohanty