Social News XYZ     


Parrikar reviews defence proposals cleared by government

Parrikar reviews defence proposals cleared by government

Union Defence Minister Manohar Parrikar. (File Photo: IANS)

New Delhi, Feb 23 (IANS) Defence Minister Manohar Parrikar on Tuesday reviewed the proposals cleared by the Defence Acquisition Council since the NDA government came to power.

"A total of 81 capital acquisition schemes have matured since June 2014," a defence ministry official said.

Maturing of an order means the contract has been signed or supply order has been given.

 

The cleared proposals cost around Rs.1,50,000 crore.

However, there are 314 cases which have "not yet fructified", the official said.

Of these, 86 cases worth approximately Rs.1,50,000 crore are close to the final stage of approval.

"The defence minister directed that all concerned should make concerted efforts to get these cases cleared in the next 4-5 months," the official said, referring to the 86 cases.

Parrikar also advised the services to review and weed out acquisition proposals which may not be relevant any longer.

Facebook Comments
Parrikar reviews defence proposals cleared by government

About Gopi Adusumilli

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc. He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources. When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any. He can be reached at gopi@socialnews.xyz

Advertisements

you're currently offline

%d bloggers like this: