Indigenisation of Capital Acquisitions

Indigenisation of Capital Acquisitions As per a Ministry of Defence Press Release, with a view to achieve greater self-reliance in Defence production, Government has announced Defence Production Policy in January, 2011. In this the `Make` procedure was promulgated in 2006 to encourage indigenous development. The Government has included a new categorization `Buy & Make (Indian) ` in the Defence Procurement Procedure in November, 2009 to encourage indigenous production in the country. The budgetary allocations, amount spent on Capital acquisition from indigenous and foreign companies and unspent amount during the years 2007-08 to 2010-11 are as per Table below:-             (Rs. in Crore)   ...
Please or to Read More Entire Article

Related Tags

Related Article

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