The Defence Acquisition Council is expected to approve changes to procurement rules on Tuesday and sources said the new rules will give domestic industry, both public and private, the right of "first refusal" before the import option is exercised. ...
01:48 PM, Apr 02, 2013
Punjab is headed for a record wheat procurement of 140 lakh tonnes this season, officials of the state food and supplies department said in Chandigarh on Tuesday. "Punjab is all set for achieving a new record in wheat procurement as the state government would begin the biggest ever procurement operations in the state from April 1, 2013," a spokesman of the department said. ...
03:45 AM, Mar 27, 2013
After the AgustaWestland scandal, the Defence Ministry is planning to tweak its procurement procedures. But insiders claim these changes are unnecessary and misplaced and reflect a knee jerk reaction from the government. South Block is abuzz with reports of an imminent change in the defence procurement procedures. ...
10:28 AM, Mar 26, 2013
Defence Ministry's move to have 'life cycle cost' clause in tenders for military hardware, including in one for the 126 Multi-Role Medium Combat Aircraft (MMRCA), has come in for questioning from BJP which fears this could be misused for corruption. ...
05:33 PM, Mar 24, 2013
The armed forces may have to trim some of their ambitious weapons procurement plans after indications that the defence budget could be cut by around four to five per cent if not more, as part of Finance Minister P Chidambaram's plans to lower the deficit. ...
11:31 AM, Feb 01, 2013
New Delhi: Even as his Ministry is preparing itself for curtailment of funds, Defence Minister AK Antony on Saturday said there will be no cut in budget for procuring equipment essential for operational preparedness of armed forces. "Everything depends on the entire financial situation of the government...for ammunition and platforms essential for operational preparedness of the armed forces, there would not be any cut," he told reporters on the sidelines...
02:48 AM, Nov 11, 2012
New Delhi: Pay more for your daily does of calcium now. Milk has become dearer by Rs 2 in the national capital. This is the first hike of the year. A litre of full-cream Mother Dairy milk will now cost Rs 39. Toned milk will cost Rs 31. Mother Dairy has attributed the price hike to a rise in power tariffs, diesel costs and rising milk procurement prices. ...
11:53 AM, Sep 08, 2012
New Delhi: The CBI on Friday questioned suspended BEML Chairman and Managing Director VRS Natarajan in connection with alleged irregularities in procurement and supply of Tatra all-terrain trucks to the Army. CBI sources said Natarajan was grilled at the CBI headquarters in New Delhi for about five hours about issues that have surfaced during raids conducted by the agency at BEML facilities. The probe agency is trying to ascertain the...
11:23 PM, Aug 24, 2012
New Delhi: An internal audit of the Army has raised questions about the supply chain of management of Army's rations. According to its report, the Army is allegedly over-procuring rations for at least two lakh non-existent soldiers. The Indian Army personnel have the option of drawing ration either in cash called the Ration Money Allowance or get cooked meals. Especially when officers and jawans go on leave or are unwell,...
08:09 AM, Aug 20, 2012
New Delhi: Even as the Indian Air Force continues to debate the seriousness of the leak of its weapons procurement programme, the Defence Ministry on Saturday said it had ordered a CBI probe into the matter. "We have referred it to the CBI... The CBI is enquiring the whole thing," said Defence Minister AK Antony. He added, "We are very serious about it." The top brass of the Indian Air...
02:32 PM, Jul 21, 2012
Burdwan: Burdwan may be the Rice Bowl of Bengal. However, its farmers are committing suicide. Here, rice is not a source of prosperity but of anguish. Spiralling debt has reportedly driven 16 farmers here to commit suicide in the past one year. Fifty-four-year-old Amiya Saha was one such farmer. The memories haunt his wife, but what hurts more is the continued government denials that something is amiss here. Says Jayanta...
04:07 PM, Jun 24, 2012
New Delhi: Government is reviewing the Defence Procurement Policy to address issues raised by the industry players and other stakeholders, a senior Defence Ministry official said in New Delhi on Wednesday. Addressing a conference on 'Streamlining the Indian Defence Procurement System', Financial Advisor to the Defence Ministry Amit Cowshish said the new revised DPP might address the issues of industry players as well. "I hope some of the issues the...
04:03 AM, May 03, 2012
New Delhi: The Cabinet on Thursday approved a bill that seeks to regulate government purchases of above Rs 50 lakh through a transparent bidding process. The Cabinet meeting, chaired by Prime Minister Manmohan Singh, approved the public procurement bill that has a provision to debar bidders found engaged in corrupt practices, sources said. Currently, there is no overarching legislation governing public procurement by the central government and central public sector...
01:28 PM, Apr 12, 2012
New Delhi: Lieutenant General (Retired) Tejinder Singh has filed a writ petition in the Delhi High Court requesting it to issue directions to the Government of India and the Indian Army to withdraw the March 6 press release in which he has says serious allegations were levelled against him. The petition calls for action against the five serving Army officers including Army Chief General VK Singh, who Lieutenant General (Retired)...
11:09 AM, Mar 30, 2012
Opposition parties howl and cry, Congress MP heard. ...
07:15 PM, Nov 19, 2009
Mumbai: Ajit Agarkar was on Tuesday named the captain of Mumbai's one-day team for its forthcoming West Zone one-day campaign to be held from February 22 to 26 here. Agarkar made himself available to represent Mumbai recently, after having walked out of the squad for being left out of the playing XI in the earlier part of the season. The former India pacer, who has represented the country in 26...
10:18 PM, Apr 23, 2008
The man responsible for spending Rs 89,000 crore of India's defence budget is laying down new rules of the game. ...
06:46 PM, Aug 31, 2006
The Government unveiled the new weapons procurement procedures in a move to cut down delay in armament procurement. ...
04:58 PM, Aug 30, 2006
