Defence Procurement Procedure Current Affairs - 2020

Defence India Startup Challenge-4 launched by Defence Minister

Defence Minister Rajnath Singh has launched the Defence India Startup Challenge (DISC 4) during the iDEX event on September 29, 2020. The challenge features the initiatives which are aimed at expanding the horizons of Innovations for Defence Excellence (iDEX) ecosystem. iDEX4Fauji initiative and Product Management Approach (PMA) guidelines were also launched during the event. Defence Read More…

India bans 101 Defence items

On August 9, 2020, Defence Minister Raj Nath Singh announced that India has put ban on 101 items to boost indigenous production. The list of 101 items was prepared by the Defence Ministry. This is being done to make India self-reliant under Atma Nirbhar Bharat Abhiyan. Highlights The decision has been made to provide opportunity Read More…

DPIIT suggests to freeze changes in Defence Procurement Policy

On July 20, 2020, the Department of Promotion of Industry and Internal Trade has suggested to freeze changes in Defence Procurement Policy for 4 to 5 years. Background The Defence Procurement Policy has gone through six revisions between 2015 and 2017. This underlines lack of long-term stability in regulations. Lack of long-term policy The Defence Read More…

Defence Minister launches draft of Defence Procurement Procedure, 2020

On March 20, 2020, the Defence Minister Shri Rajnath Singh launched the draft of new Defence Procurement Procedure. The new procedure aims to increase the indigenous manufacturing. Highlights The new procedure aims to increase Indigenous Content ratio. The ratio is the percentage of content of the defence equipment built in India. For instance, the Indigenous Read More…

What is Open General Export Licence issued by Defence Minister?

Defence Minister Rajnath Singh has approved issuance of two Open General Export Licences (OGELs) for export of certain parts and components as well as intra-company transfer of technology to select countries. This decision is expected to give a boost to defence exports and enhance ease of doing business (EDB). Key Highlights of OGEL The OGEL Read More…