Nod for new defence procurement procedure

Image
IANS New Delhi
Last Updated : Jan 11 2016 | 8:08 PM IST

A new Defence Procurement Procedure (DPP) emphasising on higher indigenisation was approved on Monday by the Defence Acquisition Council led by Defence Minister Manohar Parrikar, government sources said.

The sources said the new DPP will give high priority to indigenous design and development in line with the 'Make in India' programme of the Narendra Modi government.

Last month, Parrikar said the new DPP aimed at removing the procedural difficulties in the procurement process.

A committee was appointed by the defence ministry to evolve a policy framework to facilitate the 'Make in India' initiative in defence manufacturing and suggest requisite amendments in DPP-2013 to remove bottlenecks in the procurement process and also simplify and rationalise various aspects of defence buying.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 11 2016 | 7:56 PM IST

Next Story