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India Invests Crores in Defence Forces Modernization

New Delhi (ABC Live): India has invested Rs 65,862 crores for Defence Forces Modernization during the year 2014-15. Details of the amount allocated for Defence Forces Modernization during the year 2014-15 is as follows:- ( ` in crores) Year Budget Estimates Revised Estimates Actual Expenditure Savings Savings as % of Revised Estimates 2014-15 75,148.03 66,151.73 65,862.38 289.35 0.44   Only …

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Bullet Proof Jackets Purchased in AoN Failed in Trails

New Delhi (ABC Live): The Defence Acquisition Council (DAC) had accorded Acceptance of Necessity (AoN) in October, 2009 for Capital procurement of Bullet Proof Jackets (BPJs).  The Request for Proposal (RFP) for the Capital procurement of BPJs was retracted in October, 2015 as the BPJs fielded by vendors failed in the trials.  Government has taken action to procure 50,000 bullet …

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DIPP Approves Kinfra Defence Park

New Delhi (ABC Live):Department of Industrial Policy and Promotion (DIPP) under the Ministry of Commerce and Industry has accorded ‘in principle approval’ for the project at Kinfra Defence Park, Ottapalam (Distt.-Palakkad), Kerala. The major activities as envisaged in proposed park as per Detailed Feasibility Report are creation of facilities like CETP, storm water drainage, rain water harvesting, internal roads, boundary …

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India Gifted ICGS Varaha to Sri Lanka

New Delhi (ABC Live): Indian Coast Guard Ship, ICGS Varaha was transferred on lease to Sri Lankan Navy in April, 2006. The lease was extended from time to time. On the request of Sri Lankan side, the ship was gifted to Government of Sri Lanka on a permanent basis in August 2015 as a goodwill gesture in line with our …

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Switzerland Rejects CBI RAD Letter Rogatory

New Delhi (ABC Live): Switzerland has rejected CBI RAD Letter Rogatory  and refused legal assistance in investigation of one Swiss Company namely M/s RAD . In the matter of a case registered against a private person, unknown officials of M/s Rheinmetall Air Defence (RAD) & others on the allegation that M/s Rheinmetall Air Defence AG paid illegal gratification to the private …

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India to Amend Defence Procurement Procedure 2013

New Delhi (ABC Live): The objective of Defence Procurement Procedure 2013 is to ensure expeditious procurement of the approved requirements of the Armed Forces in terms of capabilities sought and time frame prescribed by optimally utilising the allocated budgetary resources. While achieving the same, it will demonstrate the highest degree of probity and public accountability, transparency in operations, free competition …

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DRDO Applies Rama Rao Committee Recommendations

New Delhi (ABC Live): Defence Research and Development Organisation (DRDO) has implemented all the recommendations made by Dr. P. Rama Rao Committee which were within its power. Remaining accepted recommendations are at various stages of necessary approvals for implementation. The Committee had also recommended creation of a Board of Research for Advanced Defence Sciences (BRADS) to function on the lines …

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India US Joint Statement on Manohar Parrikar US Visit

New Delhi (ABC Live): Following is the full text of the India US Joint Statement on Defence Minister Shri Manohar Parrikar’s visit to the United States from December 07 to 10, 2015 issued by Indian Embassy, Washington DC: Minister of Defense of India Manohar Parrikar made an official visit to the United States at the invitation of US Secretary of …

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Make in India for Defence Manufacturing

New Delhi (ABC Live): Make in India initiative launched by the Government, in September 2014, aims to build best-in-class manufacturing infrastructure, facilitate investment and foster innovation.  Defence manufacturing is identified as one amongst 25 Sectors under ‘Make in India’ initiative. The Government has taken several policy initiatives such as liberalization of FDI policy and Industrial Licensing policy, simplification of export …

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India-US Signs MoU for Apache Attack Helicopters

New Delhi (ABC Live): Government of India has signed contract with M/s Boeing USA and Letter of Agreement (LOA) with US Government on 28th September, 2015 for purchase of Apache Attack Helicopters. A contract with M/s Boeing, USA has also been signed on 28th September, 2015 for purchase of Chinook heavy lift helicopters. Defence equipment are imported as per the …

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