Capital Acquisition Current Affairs, GK & News
National Startup Advisory Council setup to boost Startups and Innovations
On January 22, 2020, the Union Ministry of Commerce and Industry has setup National Startup Advisory Council. The council will suggest ways to build strong start ups in the country. It is being set up to reduce the time spent on tax compliance to less than one-hour a month and to boost the availability of ..
Month: Current Affairs - January, 2020
Category: India Nation & States Current Affairs
Topics: Business • Capital Acquisition • Investment • Ministry of Commerce and Industry • National Startup Advisory Council • Startup • Startup Policy
DAC approves measures to simplify Defence Procurement Procedure
The Defence Acquisition Council (DAC) chaired by Union Defence Minister Nirmala Sitharaman has approved various measures to simplify Defence Procurement Procedure (DPP). DAC is Defence Ministry’s highest decision-making body on capital procurement of Indian Armed Forces (Army, Navy and Air Force). Key Facts These measures will be incorporated in DPP-16, the manual governing defence procurement ..
Month: Current Affairs - May, 2018
Category: Defence Current Affairs
Topics: Capital Acquisition • DAC • Defence • Defence Procurement Procedure
Defence Ministry constitutes Vinay Sheel Oberoi Committee to expedite capital acquisition
The Union Ministry of Defence (MoD) has constituted 13-member Raksha Mantri Advisory Committee on Ministry of Defence Capital Projects (RMCOMP). It will be headed by former secretary Vinay Sheel Oberoi. The committee will monitor and expedite capital acquisition projects for modernisation of armed forces and bolster armed forces preparedness. Terms of reference of RMCOMP It ..
Month: Current Affairs - February, 2018
Category: Defence Current Affairs
Topics: Advisory Committee • Capital Acquisition • Committees • Defence • Ministry of Defence • National • Vinay Sheel Oberoi Committee