The defence ministry had earlier this year sanctioned Army’s project to procure over 4 lakh close quarter battle carbines through the 'atmanirbharta' (self-sufficiency) route.
Army has been trying to acquire CQB carbines since 2008 to replace outdated & ageing 9mm British Sterling 1A1 submachine guns. MoD gave nod to induct new weapons this week.
The CQB Carbines, with short barrel, are meant for operations in urban environment and room interventions, especially in counter-terrorism operations like in Jammu and Kashmir.
UAE govt is likely to push more at the higher level for the deal, which the Defence Ministry had in-principle decided to scrap as it wants to divert it to ‘Make in India’ initiative.
The projects for procuring carbines and self-propelled air defence system had been in the works for long, but were stuck due to price & technical requirements, among others.
The Congress has promised Rs 50,000 assistance to each woman but as we've seen in many recent elections, voters seem to be conscious of the proverb: 'A bird in hand is worth two in the bush.'
Fears that an escalation of the conflict could heighten a fuel squeeze & endanger the economy unnerved traders, with NYT reporting Iran stopped negotiating a truce with the US.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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