Defence Acquisition Council likely to take up P-8I procurement, cleared in 2019, in third week this month. Proposed joint production of GE F414-INS6 engine also on agenda.
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.
In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.
IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.
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