BANGALORE: National Security Council has formulated a Task Force under the Chairmanship of Ravindra Gupta, earlier Secretary to Government of India. The terms of reference of the Task Force entail suggesting measures for enhancing indigenisation in defence, including by increasing Indian private sector participation; strengthening the legal and regulatory framework for the Indian defence industry; absorption and upgradation of technologies in the Indian defence industry; strengthening the existing mechanism for finalising SQRs with a view to foster competition and reduce single vendor cases; and penalising vendors found non-compliant with defence procurement; particularly from the vigilance angle.The team is also said to have suggested them to have its own Aerospace University. Concentration on Civil market and development of UAV were also suggested.
Comments
0 comment