Under deal approved by Defence Advisory Council, first 20,000 AK-203 rifles will be imported from Russia, and then, more than 6 lakh rifles will be manufactured in India.
Strike proposed by employees’ federations of ordnance factories from 26 July, against Modi govt decision to corporatise them, perhaps triggered introduction of the Bill.
OFB is a strategic asset that would flourish post ‘modification and modernisation’. Modi govt’s May 2020 announcement is a step in the right direction.
In a statement, OFB said only 19 per cent of the accidents involving defence ammunition between January 2015 and December 2019 could be attributed to the board.
Pointing out these shortcomings in an internal assessment, the Army has thrown its weight behind government plans to corporatise the OFB to make it more efficient.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
The Chinese are said to have hired ex-fighter pilots & air force operators from NATO countries over the past several years to help them fine-tune their operational & flying capabilities.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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