Parrikar to chair DAC on Saturday

Image
Press Trust of India New Delhi
Last Updated : Nov 17 2014 | 6:30 PM IST
Defence Minister Manohar Parrikar will chair his maiden meeting of the Defence Acquisition Council on Saturday during which some significant decisions on procurements would be taken.
Parrikar, who has promised to speed up the acquisition and upgradation process in the armed forces, has asked the Army, Air Force and the Navy to prioritise their demands.
Today, he held a series of meetings with the top brass in his Ministry and sources said more will be held in the coming days.
Though the agenda of the DAC is yet to be finalised, sources said some key decisions would be taken. This could also include the multi-crore proposal to acquire eight minesweeper vessels from a South Korean firm.
Navy Chief Admiral R K Dhowan had last week said the force level of the minesweeper vessels has gone down and new ones are "required urgently".
The deal has been stuck for long because of allegations of involvement of middlemen and the new government had sought an opinion from Attorney General Mukul Rohatgi.
He has opined that the tender conditions have been violated. Now with this opinion in hand, the government will take its next course of action soon.
After taking over, Parrikar had made it clear that the acquisition process under him would not only be transparent, but also fast.
There was a perception that the defence acquisition under the previous UPA government was slow. Many of the critical projects initiated under the previous regime are still in negotiation stages.
The DAC, set up in 2001 as part of the post-Kargil reforms in defence sector, approves the long-term integrated perspective plan for the forces, accords acceptance of necessity (AON) to begin acquisition proposals, and has to grant its approval to all major deals through all their important phases.
It also has the power to approve any deviations in an acquisition, and recommends all big purchases for approval of the Cabinet committee on security.
*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: Nov 17 2014 | 6:30 PM IST

Next Story