There was no mention of decisions relating to blacklisting of companies and the report on strategic partnerships in the Indian Defense Acquisition Council (DAC) meeting press briefing Tuesday.
India has already firmed up the new Defense Procurement Procedure, but it is yet to take up policy changes relating to blacklisting of firms accused of corruption.
Several Indian media reports in the run-up to the DAC has mentioned a decision on the blacklisting policy as among the points of discussion in the meeting chaired by Defence minister Parrikar.
The DAC in January this year had cleared new clauses to the proposed Defense Procurement Policy (DPP). Guidelines on foreign partnerships and blacklisting were deferred by two months.
Reports had then said that India was considering ‘negotiated resolution’ with the accused company similar to ‘deferred prosecution agreements’ (DPA) followed by UK and US. This is one of the recommendations made by the expert committee constituted by Defence Minister Manohar Parrikar to revise the DPP in July last year.
The DAC was also expected to take decision on the report on strategic partnership submitted by former DRDO chief VK Aatre.
There is also a fear that strategic partnerships will work against the the small and medium-scale industry in the defence sector.
The defense policy pursued by the previous government under former Defense Minister A K Anthony insisted on putting defense deals on hold if there were allegations of corruption and the firm concerned automatically blacklisted.
Currently, there are fifteen companies including six foreign firms that are blacklisted by MoD while 23 other companies are under scrutiny for allegations of corruption.
India is placed under high risk category as per the Transparency International’s Defense Procurement Corruption Index 2015 for Asia Pacific region report published in November last year.
There is evidence that the severity of the scheme is slowing down the procurement process and impeding defence modernization, the report stated.
Indias first of five nuclear submarines, INS Arihant is all set for operations and formal induction in the Navys fleet. The nuclear submarine has cleared all the tests and is said to be technically ready for commissioning at any time, Economic Times news daily reported Tuesday
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The Indian Defence Acquisition Council (DAC) today finalised the broad contours of a policy aimed at engaging the Indian private sector in the manufacture of high-tech defence equipment in India. Under the policy, Indian industry partners would tie up with global OEMs to seek technology transfers and manufacturing know-how to set up domestic manufacturing infrastructure and supply chains
The Indian ministry of defense (MoD) will review existing cases of suspension, ban, blacklisting of business dealings with entities, seeking to enter into contract with or having entered into a contract for the procurement of goods and services by the ministry in the wake of new guidelines. The guidelines lay down policy for levy of financial penalties and/or suspension or banning of business dealings with entities, seeking to enter into contract with or having entered into a contract for the procurement of goods and services by the ministry, Defense Minister Manohar Parrikar said in a statement in the Lower House of...
The Indian defense ministry has cleared the new defense procurement procedure of 2016 except for the guidelines on blacklisting norms and strategic partnerships which will be ready by next month. The new DPP will be available on the defense ministry website from March 28 and will come into effect from April 2
India is considering setting up an exclusive organization for defense acquisition. "A separate set up for defence acquisition, at capital level as well as revenue level and OFB needs to be created
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