Increase in threshold limit for DPP

Threshold limit for defence offsets was fixed at Rs.300 Crore in 2008. Keeping in view enhancement in cost of procurement on account of offsets in such cases and difficulties faced by smaller OEMs in executing offset obligations, the threshold limit has been enhanced to Rs.2000 Crore in DPP-2016.A new category of acquisition has been introduced – Buy Indian (IDDM), to promote indigenous design development and manufacturing. Under this category, indigenously designed equipment with minimum of 40% indigenous content (IC), or equipment with 60% IC will be considered for acquisition. …………….Please Log in or Subscribe to view full details…..

Please or to Read More Entire Article

Related Tags

Article by Same Author

In case you come across any suspicious activity, any suspicious movement or have any information to tell to the Anti-Terror Squad, please take a note of the new ALL INDIA TOLL-FREE Terror Help-line '1090'. Your city's Police or Anti-Terror squad will take action as quickly as possible. Remember that this single number 1090 is valid all over india. This is a toll free number and can be dialled from mobile phones also. Moreover, the identity of the caller will be kept a secret.

Please try to make aware each and every citizen of india about this facility.

Helpline 1090