Like our Facebook Page

news details

DAC supports Modi's mission of "Make in India" 8/1/2018 11:00:54 PM Initially the Defence Minister Nirmala Sitharaman had created some confusion when she had stated that producing or manufacturing weapons, for the Armed forces, was costlier than those acquired from foreign lands. This confusion had delayed clearance to see Modi's dream of "Make in India" come true. And for 14 months India could not decide whether to go in for local manufacturing or for importing weapons for the Armed forces. Since the most of the weapons that India has are getting old and some obsolete New Delhi had to make a fast decision. Since India is surrounded by two enemy countries, China and Pakistan, New Delhi had to take to take a decision and ultimately it was finalized at the meeting of the Defence Acquisition Council. The DAC meeting was chaired by the Defence Minister who had not favoured manufacturing locally weapons for the Armed forces and she had opt ed for imports, the Defence Acquisition Council (DAC) has okayed the guidelines for operating the 'strategic partnership model' policy under which foreign companies can partner Indian companies to produce military equipment locally. Chaired by Defence Minister Nirmala Sitharaman, the Defence Acquisition Council is the highest decision-making body of the Ministry of Defence. The policy on strategic partnerships in defence sector was approved in May 2017 and it was made a part of defence procurement procedure (DPP), the guiding framework of making military equipment in India. To start off, the Defence Acquisition Council approved specific guidelines for procurement of naval utility helicopters. The Navy is looking for 111 such copters that will be based on ship-decks to replace the ageing fleet of Kamov copters. India's attempt to join the nations producing world-class military equipment hinges on strategic partnership (SP) model. Production of four crucial military items fighter jets (both for the Navy and IAF), submarines, helicopters (for all three services) and new-generation tanks are listed under this model. Reports said that all these weapons, including copters are outdated and does not suit India which is surrounded by two powerful enemy countries. All these weapons are needed for battles on the ground and on the heights. And the DAC has imposed certain guidelines which include incentives for foreign companies that transfer niche technology and provide for higher indigenous content All procurements under strategic partnership would be executed by specially constituted Empowered Protect Committees to provide focused attention and ensure timely execution.   Share This News with Your Friends on Social Network     Comment on this Story

top stories of the day

DC snubs KAS officer over dress code Major purchase scandal surfaces in JKBOSE Two brothers selling state, JDA land to non locals in Sidhra Teacher targets scribe for reporting girl's thrashing Benefactor of Rasana victim turns out to be rapist himself? Governor reviews preparations for conduct of Panchayat, Urban Local Bodies Elections Unpaid bills likely to hamper macadamisation in Jammu Article 35A brings separatists-mainstreams closer in Kashmir as police go silent NC legislator desecrates tricolor 'Emboldened' Principal Dental College Srinagar refuses to fall in line even during Guv's Rule Ill equipped district hospitals to hamper academics in new medical colleges Threatening calls to scare Rajouri girl's family Surfacing of fake doctor just tip of iceberg Students resent bus fare hike, admin refuse to budge Udhampur: CEO, ZEOs disregard GAD orders Court issues non bailable warrant against former Higher Education Minister Abdul Gani Malik Remote districts denied dialysis facility, others get add on machines SHO earns lakhs in failed land deal SIC drops charges against BDOs for complainant's absence 'Munna Bhai MBBS' arrested in Baramulla Despite Raj Bhawan orders, Sunderbani schools await biometric attendance

STOCK UPDATE

BSE Sensex NSE Nifty

CRICKET UPDATE