Defence Procurement Procedure
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Rajnath Singh Reviews Defence Acquisition Issues With Top Officials
Defence Minister Rajnath Singh on Thursday reviewed defence acquisition issues with top officials of the ministry and directed them to seek indigenous solutions to meet the forces' requirements to the extent possible.
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India Has Rs 1,500 Crore Bank Guarantee On Offsets In Rafale Deal: Report
India has secured a bank guarantee for about Rs 1,500 crore from Dassault in the Rafale jet deal as a safeguard against any violations of the offset policy prepared in accordance with the Defence Procurement Procedure (DPP), a leading financial daily said on Friday.
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11-Year Wait To Buy Assault Rifles, Carbines For Armed Forces To End Soon: A Timeline
The long wait for modern firearms at India's borders could soon come to an end. The government today decided to invite gun manufacturers from around the world to sell 1,66,000 assault rifles and carbines worth Rs 3,547 crores for border troops under a fast track mechanism. This would enable "the Defence Forces to meet their immediate requirement fo...
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No Corruption In Defence Procurements In Last 2 Years, Says Manohar Parrikar
The government today asserted that no case involving corruption in defence procurements undertaken during the last two years has come to light.
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Indian, Israeli Companies Join Hands For 'Make In India'
More than 25 Indian and over 100 Israeli companies will gather later this month for a business seminar on defence and security in Israel, it was announced here on Friday.
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Manohar Parrikar Allays Fears Of Firms On Strategic Partnership Move
Defence Minister Manohar Parrikar has sought to allay fears expressed by domestic and foreign defence firms that only big companies might get benefit from the proposed strategic partnership move of the government in critical segments like submarines, aircraft and missiles.
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Defence Ministry Launches Website For Interface With Industry
Seeking to make defence acquisition process simpler and transparent, the government today launched a new 'Make in India' website that will provide an interface with industry and promised to finalise the new revised defence procurement procedure by January.
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Defence Procurement Procedure With 'Make In India' Focus To Be Out Soon
Defence Minister Manohar Parrikar today said the much-awaited new simplified Defence Procurement Procedure with focus on 'Make in India' initiative will be out soon, and a Defence Procurement Manual will also be finalized by June next year.
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New Defence Procurement Policy to Clearly Define Role of Agents: Manohar Parrikar
To ensure transparency, government will soon allow foreign defence firms to appoint agents but the companies will have to upfront mention the "reasonable" remuneration to be paid and won't be allowed to dole out any bonus or success fees, Defence Minister Manohar Parrikar said.
-
Rajnath Singh Reviews Defence Acquisition Issues With Top Officials
Defence Minister Rajnath Singh on Thursday reviewed defence acquisition issues with top officials of the ministry and directed them to seek indigenous solutions to meet the forces' requirements to the extent possible.
-
India Has Rs 1,500 Crore Bank Guarantee On Offsets In Rafale Deal: Report
India has secured a bank guarantee for about Rs 1,500 crore from Dassault in the Rafale jet deal as a safeguard against any violations of the offset policy prepared in accordance with the Defence Procurement Procedure (DPP), a leading financial daily said on Friday.
-
11-Year Wait To Buy Assault Rifles, Carbines For Armed Forces To End Soon: A Timeline
The long wait for modern firearms at India's borders could soon come to an end. The government today decided to invite gun manufacturers from around the world to sell 1,66,000 assault rifles and carbines worth Rs 3,547 crores for border troops under a fast track mechanism. This would enable "the Defence Forces to meet their immediate requirement fo...
-
No Corruption In Defence Procurements In Last 2 Years, Says Manohar Parrikar
The government today asserted that no case involving corruption in defence procurements undertaken during the last two years has come to light.
-
Indian, Israeli Companies Join Hands For 'Make In India'
More than 25 Indian and over 100 Israeli companies will gather later this month for a business seminar on defence and security in Israel, it was announced here on Friday.
-
Manohar Parrikar Allays Fears Of Firms On Strategic Partnership Move
Defence Minister Manohar Parrikar has sought to allay fears expressed by domestic and foreign defence firms that only big companies might get benefit from the proposed strategic partnership move of the government in critical segments like submarines, aircraft and missiles.
-
Defence Ministry Launches Website For Interface With Industry
Seeking to make defence acquisition process simpler and transparent, the government today launched a new 'Make in India' website that will provide an interface with industry and promised to finalise the new revised defence procurement procedure by January.
-
Defence Procurement Procedure With 'Make In India' Focus To Be Out Soon
Defence Minister Manohar Parrikar today said the much-awaited new simplified Defence Procurement Procedure with focus on 'Make in India' initiative will be out soon, and a Defence Procurement Manual will also be finalized by June next year.
-
New Defence Procurement Policy to Clearly Define Role of Agents: Manohar Parrikar
To ensure transparency, government will soon allow foreign defence firms to appoint agents but the companies will have to upfront mention the "reasonable" remuneration to be paid and won't be allowed to dole out any bonus or success fees, Defence Minister Manohar Parrikar said.
