Defence Procurement Procedure
Defence Minister Raj Nath Singh approves new DRDO Procurement Manual 2020
On October 20, 2020, the Defence Minister Rajnath Singh approved a new Defence Research Development Organization Procurement Manual, 2020. The main objective of release of the manual is to encourage MSME (Micro Small and Medium Enterprises) in Research and Development. ..
Month: Current Affairs - October, 2020
Defence Acquisition Council approves Rs 2,900 crores
On September 28, 2020, the Defence Acquisition Council approved Rs 2,900 crores for the acquisition of Indian Defence Equipment. Highlights The procurement includes 72,000 assault rifles from the United States. It also includes procurement of domestic and foreign vendors. The ..
Month: Current Affairs - September, 2020
Defence Minister releases new Defence Acquisition Procedure
On September 28, 2020, the Defence Minister Raj Nath Singh released a new Defence Acquisition Procedure, 2020. It has special incentives for products that are designed and developed by Indian vendors. Also, the procedure includes manufacturing category that encourages foreign ..
Month: Current Affairs - September, 2020
Second draft of Defence Acquisition Procedure 2020 placed in public domain for suggestions
The second draft of the Defence Procurement Procedure (DPP), titled as ‘Defence Acquisition Procedure 2020’ has been uploaded by the Ministry of Defence, Government of India, for inviting suggestions and comments from the various stakeholders and general public. Background The ..
Month: Current Affairs - July, 2020
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 ..
Month: Current Affairs - March, 2020
What is Open General Export Licence issued by Defence Minister?
Defence Minister Rajnath Singh has approved issuance of two Open General Export Licences (OGELs) for export of certain parts and components as well as intra-company transfer of technology to select countries. This decision is expected to give a boost to ..