The failure to consider the order by the DAC has wider implications as it is unlikely that any decision can be taken on this order by October 15, after which the value of the deal will see a 37 percent hike.
Tag: Defense Ministry
Opinion: How the armed forces were deceived on rank pay
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•Israel Military Industries loses Indian blacklist challenge
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•The Delhi High Court has dismissed the challenge filed by Israel Military Industries (IMI) to its blacklisting, saying there was no merit in its petition.
Defense procurement changes fail to impress
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•Kavi kehna kya chahta hai? Giving the iteration a thumbs-down, defense industry executives questioned the rationale behind some of the amendments and also expressed pessimism, saying in some cased it would ‘make things worse’.
Changes announced in Defense Procurement Procedure
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•These changes are skewed to favor and encourage defense industry in India, some of which appear to have been influenced by reactions to corruption scandals. Do have a look at the list of changes, copied and pasted, verbatim, from the defense ministry press release.
Rolls Royce hopes to power IAF A-330 MRTTs
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•Graphic: #ChopperScam Timeline
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•Why blacklisting doesn’t work
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•Upside of the Gorshkov boiler trouble
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•In hindsight, some officials are relieved that the boiler problems with the Gorshkov came up at this time, and not at a stage after the Indian Navy took charge of it.
Defense Ministry moves to overhaul pensions
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•Defense Minister A.K. Antony directed orders to be issued by the end of this month for the payment of increased pensions for personnel who retired before 2006 at a cost of INR 2,300 crore, by March 31, 2013, which is expected to affected over two million veterans.
An alternate theory of the MMRCA process – II
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•This is the second and concluding installment of the two-part analysis of the process of acquisition of 126 Medium Multi Role Combat Aircraft (MMRCA) by the Indian Air Force (IAF).
See you at DefExpo 2012
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•Unsurprisingly, India’s two largest defense suppliers are also the biggest exhibitors at the show. Israel has taken up the most space at the show with 1,293 square meters and Russia brings the largest number of companies to the show, with the count at 37.
Rafale wins MMRCA: The Cost
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•A cost escalation of 50 percent (INR 63,000 crore, in this case) or more, requires approval again from the Ministry of Finance, before the Defense Acquisitions Council (DAC) can proceed with it. With the cost of the tender for India safely ranging from INR 83,000 crore to 1,25,000 crore, the revision of the estimated expenditure on the MMRCA would require the approval of the finance ministry.
Combative Indian Army chief leaves age row open
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•Asked if he would indeed resign, Singh retorted: “Please leave it to my judgement on what I want to do. It concerns me and I may decide on my action after thinking over it whenever I get the time.” Soon, another question popped up: Is this your last Army Day press conference as army chief? General Singh’s enigmatic reply: “I don’t know.”
‘Indian Army has not probed Kashmir shootout involving likely chief’
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•“What happened at that time, we have a report of that. It has been made available to authorities. I don’t think there was an inquiry carried out at that time. Because in all such encounters, it is left to the civil police to investigate,” Singh said when asked about the controversy involving Lieutenant General Bikram Singh, present Eastern Army Commander.