Promising a raft of steps to speed up military procurement, Parrikar said blacklisting of defence suppliers to root out corruption was not the only solution and indicated going for heavy penalties against erring firms.
"We should be in a position to have a very clear cut policy by January on representatives and on blacklisting. What does blacklisting mean. How far we can take it forward," Parrikar said.
On having "representatives", he said they should have a very clear agreement with the Defence Ministry on their fees and there should be provisions of heavy penalty on violators.
The former Goa Chief Minister said having "representative" with a very clear method of payment and fees was a better solution to the defence forces than delaying the procurement procedures.
"There should be a very clear agreement deposited with the Defence Ministry in advance. Very heavy penalty (should be imposed) if you violate that," he said addressing Aaj Tak Agenda.
Underlining the need for speeding up defence procurement, the Minister said the government was working on ensuring transparency and said delay in decision-making allows entry of more agents.
"Jitna delay in decision making, utna agents jada khush ho jata hei (The agents are happier if there are more delays in decision-making)," he said.
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