The Department for Promotion of Industry and Internal Trade (DPIIT) has proposed to raise the minimum local content under public procurement order in government contracts. But several local suppliers and multinational companies (MNCs) are saying such a steep target is not attainable. Class-I suppliers, whose goods, services or works offered for procurement has local content equal to or more than 50 per cent may see it hiked to 70 per cent, while it may go up to 50 per cent from 20 per cent for Class-II suppliers.
The utility helicopters will be used in attack missions as well as for search and rescue and surveillance operations.
The exercise was conducted by the Indian Air Force to showcase full integration of air defence missile system into the force, they said.
The newly enacted Bharatiya Nyaya Sanhita, which replaces the British-era Indian Penal Code, has made sexual offences "gender neutral" for the victim and the perpetrator, according to official documents.
Going by this Budget's estimate of government spending of Rs 48.2 trillion, the government has allocated a significantly lower percentage to defence -- 12.9 per cent.
If states have to fall in line with MSPs declared by political parties, they will have to do so in violation of central order or bear the full expense of the surplus procured at above MSP rates.
The government on Wednesday raised the minimum support price (MSP) for paddy by 5.35 per cent to Rs 2,300 per quintal for the 2024-25 kharif marketing season. The hike in paddy support price comes despite the government sitting on surplus rice stocks, but it is significant ahead of elections in states like Haryana, Maharashtra, Jharkhand, and Delhi.
The Indian Army is looking at deploying over 350 light tanks, mostly in the mountainous border areas.
Road awards were muted in Q1FY25. But the pace will accelerate with a bidding pipeline of Rs 1.1 trillion (September 2024), mostly dominated by HAM (Hybrid Annuity Model) projects, which contribute 47 per cent and engineering procurement and construction or EPC projects, which have about 36 per cent share. Hence, infrastructure companies mostly reported revenue decline on a year-on-year (Y-o-Y) basis in Q1FY25.
This Olympic cycle has been marred by injuries for Chanu, who turned 30 just a day after the competition in Paris.
When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.
India is procuring the long-endurance 'hunter-killer' drones to crank up the surveillance apparatus of the armed forces, especially along the Line of Actual Control with China.
With the armed forces going on a fast-track modernisation drive after 26/11 terror strikes, Defence Minister A K Antony on Wednesday said that the "Unnecessary procedures, bottle-necks and red-tape should be cut down for hastening procurement procedures." Antony was addressing the "Jumbo" Majumdar Seminar on 'Dominance of Aerospace Power', in New Delhi.
India's Agriculture Minister Sharad Pawar admitted in the Parliament that the procurement of wheat is slow, and time-consuming.
'We have essentially tried to set out an agenda for the next five years and it, in essence, represents the political commitment to that agenda.'
The two countries also signed a 'Memorandum of Agreement regarding the Assignment of Liaison Officers', which will facilitate the posting of one military officer from each country with the military of the other.
The mega procurement proposal will shortly be placed before the Defence Acquisition Council, the defence ministry's top body on procurement, they said.
'From April 25, 2021, Modi disappeared. He made no public appearance for 20 days.' 'The prime minister of India fled the field when his people needed the government most,' points out Aakar Patel.
General Rawat also said that adequate focus must be on ensuring that "trial procedure" for procurement of military equipment does not linger on for too long, in an indication of his unhappiness over the delay in modernisation of armed forces.
George, who met the media in Malappuram, said the Pune NIV (National Institute of Virology) had confirmed the infection in the boy, who is currently under treatment at a private hospital.
A total of nine procurement proposals were approved by the Defence Acquisition Council headed by Defence Minister Rajnath Singh, officials said.
Saturday's Quad meeting in Delaware is taking place against the backdrop of China's assertive behaviour in the South China Sea, its sabre-rattling in the Taiwan Strait and increasing footprints in the Pacific and Indian Ocean, asserts Rup Narayan Das.
Corroded nuts and bolts likely contributed to the collapse of the Chhatrapati Shivaji Maharaj statue by causing a failure in steel members forming the frame inside the statue, according to a structural engineer.
Procurement of food grains is the new sector where outsourcing is soon going to get a foothold.
Stung by the alleged scam in the AgustaWestland VVIP helicopter deal, the defence ministry is now busy tweaking the defence procurement policy that it hopes to unveil in mid-April this year.
In a move to cut down delays in armament procurement, the government reintroduced the fast track process in modified form and to make field trials of weapons systems more transparent.
George said the boy from Pandikkad suffered a massive cardiac arrest at 10.50 am on Sunday and efforts to revive him failed.
The Agency said it has delivered the required certification notifying Congress of this possible sale on Thursday.
Former India captain Sourav Ganguly says Gautam Gambhir will be a "good coach" for the national cricket team if he has applied for the job, and favours the appointment of a home-grown talent to the high-profile position.
'When I asked whether they would choose a government job that offered Rs 30,000 a month or a private job that offered them Rs 3 lakh a month, without exception, everybody said, "I would rather have the government job!"'
Surat police commissioner Anupam Singh Gehlot identified the arrested accused as Maulvi Sohel Abubakr Timol (27), who worked at a thread factory as a manager and offered private tuition on Islam to Muslim children.
The protesting farmers' main demand to legalise the minimum support price (MSP) regime has divided opinion. One school of thought says it would lead to crop diversification and help India keep under check its burgeoning import bill on edible oils and pulses, while another says it would incentivise farmers to produce low-quality crops. Contrary to popular perception, India has a trade surplus in agriculture and allied activities, which stood at $18.65 billion during 2022-23 (FY23) against $15.92 billion in the previous year. However, the surplus was mainly on account of rice, wheat, sugar, spices, and buffalo meat.
Neeraj Chopra will have a special supporter at the Paris Olympics: a Kerala cyclist who has travelled all the way from Calicut, riding more than 22000 kilometers over two years.
The United Progressive Alliance government has given a clean chit to former defence minister George Fernandes in the defence procurements made during the Kargil conflict.
The defence ministry said the proposals approved by the DAC included one on procurement of 7.62x51 mm light machine gun and another on acquisition of weapons MH-60R helicopters of the Indian Navy.
Ganesh Puja in Alibag taluka is about simplicity and minimalism. It's about quiet devotion too.
The most important changes in DPP-2008 relate to the new offset policy, which will immediately impact offset proposals for India's Rs 47,000-crore purchase of 126 medium multi-role combat aircraft (MMRCA).
'Is the Agniveer scheme or their post-retirement re-employment in paramilitary forces or in the state governments the BJP's answer to the crying need on the job front?' 'Or, even Finance Minister Sitharaman's one-year internship scheme in the public and private sector, is it a permanent solution, either?', asks N Sathiya Moorthy.
Apart from battle tanks, Pakistan Army is also procuring 245 150mm SP Mike-10 guns from Italy out of which it has already received 120 guns.
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