Union Minister Rajnath Singh Approves Miniratna Category-I Status for Yantra India

Current Context: On February 2, 2026, Defence Minister Rajnath Singh approved Miniratna Category-I status for Yantra India Limited (YIL).

• This recognition grants YIL financial and operational autonomy, including capital expenditure up to ₹500 crore without prior approval.
• YIL manufactures ammunition, armoured vehicles, artillery guns, tanks, and advanced composites for India’s defence sector.
• Its turnover grew from ₹956.32 crore (2021–22 H2) to ₹3,108.79 crore (2024–25), with exports reaching ₹321.77 crore.
• The status was awarded after YIL met benchmarks in profitability, turnover, and indigenisation.
• Significance: Strengthens Aatmanirbhar Bharat by boosting self-reliant defence manufacturing and exports.

Question:

Q.1 Miniratna Category-I status allows Yantra India Limited to incur capital expenditure up to what amount without prior government approval?
a) ₹500 crore
b) ₹400 crore
c) ₹300 crore
d) ₹1,000 crore

Answer: a) Under Miniratna Category-I, YIL can undertake capital expenditure up to ₹500 crore without seeking prior approval, reflecting enhanced financial autonomy.