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ePaper | Read Deccan Herald Newspaper Online

ePaper | Read Deccan Herald Newspaper Online
deccanherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanherald.com Daily Mail and Mail on Sunday newspapers.

ePaper | Read Deccan Herald Newspaper Online

ePaper | Read Deccan Herald Newspaper Online
deccanherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanherald.com Daily Mail and Mail on Sunday newspapers.

Terms | Deccan Herald

Indian military procurements: a scandalous affair

Daily Times July 19, 2021 India, the world’s largest democracy and a non-NPT nuclear weapons’ state, is plagued with scandals for military procurements. Despite stringent and painstaking bureaucratic processes for the approvals of defence procurements, India has perhaps the most numbers of scandals of corruptions when it comes to buying arms and equipment. The most famous corruption scandal in Indian military procurements remains that of Swedish Bofors guns during the 1980s. As the narrative goes, Indian military acquired some 410 field howitzer guns of 155 mm calibre from a Swedish firm Bofors AB for USD 1.4 billion. While the selection of the equipment was not questioned, nor the contract package, but it was revealed much later that millions of dollars were paid by the Swedish company to Indian politicians to secure the contract. This bombshell news was actually broken by the Swedish radio on April 16, 1987. The news was immediately reported in Indian media and had an extrem

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