Defence Procurement Procedure 2020 Current Affairs, GK & News

Defence Minister launches draft of Defence Procurement Procedure, 2020

On March 20, 2020, the Defence Minister Shri Rajnath Singh launched the draft of new Defence Procurement Procedure. The new procedure aims to increase the indigenous manufacturing. Highlights The new procedure aims to increase Indigenous Content ratio. The ratio is the percentage of content of the defence equipment built in India. For instance, the Indigenous ..