DRDO wants higher allocation of funds for its programmes

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 4:33 AM IST

Addressing the DRDO Awards ceremony here, DRDO Chief V K Saraswat said the process to establish a defence technology commission on lines of the ISRO and Atomic Energy Commission has been initiated to move towards self reliance in military systems.

"The final issue which I would like to highlight is the DRDO Budget which has remained more or less same...In view of major programs like SR-SAM, LCA Mk-II, ATVP, etc., we look forward to getting higher allocation of funds at the review stage," he said.

He said to realise the ambitious DRDO road map, "we look forward to the collective efforts, co-operation and support from all stake holders."

Citing the success of Joint Ventures such as BrahMos, Saraswat said, "Guidelines have been recently issued for JVs for DPSUs. We feel the need for such mechanisms to be evolved for DRDO JVs, too, so that an efficient workable system can be put in place to enable quick returns in technology areas with complementary work share."

Listing the schedule for the remaining period of 2012, Saraswat said, "Our major goals for the year ahead include flight test of Interceptor missile for targets of 5000 km range class missiles, first flight of Nirbhay sub-sonic cruise missile and maiden flight of AEW and C system in India with all systems integrated."

He said the DRDO is planning to work on the Short Range Surface to Air Missile (SR-SAM), Pravira project for protection of critical infrastructure, micro-nano satellites and satellite-based communication systems. (MORE)

  

*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: Jul 31 2012 | 4:35 PM IST

Next Story