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Relaxation of Offset Clause for Defence Procurement

Relaxation of Offset Clause for Defence Procurement The offset clauses shall apply to all Capital Acquisitions categorized as “Buy (Global)” or “Buy and Make with Transfer of Technology” where the estimated cost of acquisition is INR 300 crore or more. 30% of estimated cost of the acquisition in ‘Buy (Global)’ category acquisitions and 30% of the foreign exchange component in ‘Buy and Make with ToT’ category acquisitions will be the required value of the offset obligations. However, the Defence Acquisition Council (DAC) may, prescribe varying offset obligations above 30% or waive the offset obligations in special cases. The key objective of the Defence Offset Policy is to leverage capital acquisitions to develop Indian defence industry by (...
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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
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