Vivek Rae committee highlighted the deficiencies that persist even today: Fragmented authority, weak accountability, and the absence of dedicated acquisition cadres.
Stocks of defence firms surged in past few yrs, by over 1,000% in some cases, driven by narrative that they would gain from govt’s domestic procurement push. Now, those stocks are tanking.
Project is being processed through Make-I procedure, which involves govt funding of up to 70% of the project with the rest being put in by selected firm or firms.
EP or emergency procurement power was extended to Army, Navy and Air Force. In case of Army, EP has been instrumental in capital procurement through 140 schemes across 4 tranches.
PM Modi visits France next week for Bastille Day. Talks between NSA Ajit Doval & the diplomatic adviser to French President, Emmanuel Bonne, part of preparations for Modi’s visit.
The first ‘made-in-India’ C-295 will be rolled out in 2026 and the entire order is slated to be completed by 2031, at the rate of eight aircraft per year.
Under emergency powers, which were first given to the forces after 2016 Uri attack, the three services can on their own ink contracts worth Rs 300 crore each.
Defence ministry gives nod for capital acquisition under new category of Buy Indian-IDDM. HAL emerges big winner as Navy proposals constitute more than Rs 56,000 cr.
Former Bangladesh Prime Minister Sheikh Hasina has, in a sense, tasted her own medicine. The International Crimes Tribunal, the special court she instituted for...
Despite tariffs, US remains India’s largest export destination, with $52.12 billion worth of merchandise exports in the first seven months of this financial year.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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