Our Bureau
02:03 PM, May 5, 2015
2616

Indian defense procurement procedure (DPP) will undergo a major changes pertaining to exports, offset, level playing field, agents and black listing policy and is likely to be completed by June, Times of India reported Monday.

Indian Defense Minister, Manohar Parrikar, on Monday speaking to media persons in Goa said that the MoD has already set up a committee to revive the DPP.

"We are also working on equalizing the more transparent and easier mode of procurement," he said.

Parrikar said there are around 12 areas which the committee will go through. Some of them pertain to exports, offset, make in India, Make procedure, level playing field, agents and black listing policy. "These are under finalization and some might be notified before June 2015 and some may spill over to July 2015," he added.

“We have given the committee 45 days, and I think after that they can submit interim report so that some of the aspects can be dealt with before 45 days are over. The major aspect would be dealt after 15 to 30 days to act on the recommendations,” Parrikar said.

He also said that the idea of introducing amendments to DPP is to ensure that Make in India concept is a success.

He also said that the current procedure has several lacuna and unexplained areas and changing of DPP "Make in India concept would be considered by this committee.

Also Read
Features
More..