Capital acquisition of defence equipment is carried out as per the Defence Procurement Procedure (DPP), which stipulates a time schedule for completion of the procurement cycle. However, the time taken to undertake capital procurement of defence equipment depends on the nature and complexity of the equipment being procured.
The procurement of defence equipment involves rigorous trials, after which detailed bid evaluations and comprehensive commercial negotiations have to be undertaken. Nonetheless, under the DPP-2016, Government has laid down provisions for ensuring swift decision making and effective implementation of the procurement process.
Defence Procurement Procedure focuses on achieving the “Make in India” vision by according priority to ‘Buy (Indian – IDDM (Indian Designed, Developed and Manufactured)), ‘Buy (Indian)’ and ‘Buy & Make (Indian)’ categories over Buy (Global) category of capital procurement. During the last two financial years 2014-15 and 2015-16), 73 contracts involving a value of Rs.72,303.34 crore were signed with Indian vendors.
During the same period, 85 cases involving Rs.1,60,362 crore have been accorded Acceptance of Necessity (AON) by Defence Acquisition Council under the ‘Buy (Indian)’ ‘Buy & Make (Indian)’ and ‘Buy & Make’ categories.
The Dhirendra Singh Committee has recommended a ‘Strategic Partnership Model’ for creating capacity in the private sector on a long-term basis over and above the capacity and infrastructure that exists in Public Sector Units.
However, the policy and criteria for selection of Strategic Partners, is to be finalised after wider consultations with all stakeholders.
यथा ह्येकेन चक्रेण न रथस्य गतिर्भवेत्। एवं परुषकारेण विना दैवं न सिद्ध्यति।।
error: Content is Protected !!
Prelims inShots 2024
Most PROBABLE and HIGHLY recommended topics "you should never miss" to prepare to crack UPSC Prelims Examination.
International Institutions /Groupings /Organisations /Conventions, Biosphere Reserves, Biodiversity Hotspots & Hope Spots, Important Terms of Ancient & Medieval History of India, Mnemonics for UPSC, Indices & Reports, Economic Terms /Glossary, Environment Conventions, Terms, Organizations, Important Constitutional Articles, Wildlife Sanctuaries, Tiger Reserves, National Parks in News, GI Tags in News, Places in News, Rivers in News, Buddhism & Jainism, Species in News, Critical Regions & Marine Conservation Programme, Tiger Reserves in India, Ramsar Sites in India, World Heritage Sites in India, Elephant Corridors /Reserves in India, Government Portals & Government Apps, Know Your State & UTs, Folk Dance /Folk Paintings /Martial Art Forms /Theatre Forms of India, Fact Sheet on Diseases, India's Ranking on Production & Consumption, Tiger Corridors in India, Agriculture, Maritime Exercises, Tribes in News, Space Missions, Facts at a Glance