29.4 C
State of Tripura
Wednesday, June 4, 2025

Mob Lynches Driver, Torches Vehicle After Accident

Mob Lynches Driver, Torches Vehicle After Accident...

First Tobacco-Free Village Of Tripura in Krishnapur Under AGMC

First Tobacco-Free Village Of Tripura in Krishnapur...

 A ‘Symbolic’ surrender or a dangerous erosion of rule of law

 A ‘Symbolic’ surrender or a dangerous erosion...

Defence Ministry Initiates Measures To Shorten Weapon Procurement Cycle To Accelerate Modernisation Of Armed Forces –

Must Read

The Defence Ministry has initiated several measures to shorten the weapon procurement cycle to accelerate the modernisation of the armed forces. Defence Secretary Rajesh Kumar Singh said the move will save around 69 weeks and the 2020 procurement rules are being revised to match present needs.
 
Addressing a defence conclave in New Delhi, he said, the ministry has already slashed the timelines for some of the processes in the procurement cycle.
 
 
The Defence Secretary said, there is a need to shift away from the traditional nomination-based procurement focused mostly on the public sector to a more competitive pricing model where both the public and private sector can compete for orders. He highlighted that the new approach is already being implemented for shipbuilding and recently for the advanced medium combat aircraft (AMCA) project.
 
 
The government on May 27 unveiled the plan to fast-track the development of AMCA – an indigenous fifth-generation stealth fighter. The Defence Ministry has declared 2025 as the year of reforms aimed at transforming the military into a technologically advanced, combat-ready force capable of tackling new challenges.

- Advertisement -
spot_img
spot_img
spot_img

Latest News

RBI MPC begins; repo rate likely to be cut further –

Reserve Bank of India’s Monetary Policy Committee (MPC) meeting began today to decide on the repo...