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MoD sets up specialised unit with consultants to aid arms procurements

MoD sets up specialised unit with consultants to aid arms procurements SECTIONS Share Synopsis Towards this end, the MoD has already invited bids for empanelment of cost and data analysis firms as well as legal consulting firms for the department of defence’s acquisitions wing, which deals with all capital procurements of the over 15-lakh armed forces. AP Indian army soldiers leave the site of a gunbattle in Pulwama, south of Srinagar, Kashmir, Friday, April 2, 2021 Related (This story originally appeared in on Apr 03, 2021)The defence ministry is now setting up a specialised Project Management Unit (PMU) as part of the overall reforms underway to streamline and speed up the entire arms procurement process.

MoD sets up specialised unit with consultants to aid arms procurements | India News

NEW DELHI: The defence ministry is now setting up a specialized Project Management Unit (PMU) as part of the overall reforms underway to streamline and speed up the entire arms procurement process. The PMU is in line with the government’s goals to ensure “faster decision-making” and to systematically work towards reducing the time taken for capital acquisitions. The Rajnath Singh-led defence acquisitions council last month also issued directions that all capital procurement contracts, other than design and development cases, should be concluded in two years, said officials. Towards this end, the MoD has already invited bids for empanelment of cost and data analysis firms as well as legal consulting firms for the department of defence’s acquisitions wing, which deals with all capital procurements of the over 15-lakh armed forces.

Centre approved 112 defence proposals for domestic sector in last 3 years

Centre approved 112 defence proposals for domestic sector in last 3 years ​ By IANS | Published on ​ Mon, Mar 15 2021 20:42 IST | ​ 3 Views Shripad Naik . (Photo: Twitter/@ @shripadynaik). Image Source: IANS News New Delhi, March 15 : The government accorded Acceptance of Necessity (AoN) to 112 defence proposals worth Rs 1,99,860 crore under various categories of capital acquisition to promote domestic manufacturing, Minister of State for Defence, Shripad Naik, said on Monday. Replying to a question asked by Congress MP Rajmani Patel in the Rajya Sabha, Naik said that AoN to 112 defence proposals was accorded during the last two financial years from 2018-19 to 2019-2020 and the current financial year till December 2020.

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