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Military upgrade beset by fiscal opacity


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Damper: The MoD has abandoned the idea of creating a semi-autonomous and overarching Defence Acquisition Organisation. PTI
Amit Cowshish and Rahul Bedi
Amit Cowshish ex-Financial Adviser, Acquisition, MoD and Rahul Bedi Senior journalist
The Union government’s recent announcement of domestically sourcing a major proportion of its defence equipment requirements to achieve Atmanirbharta or self-reliance appears disingenuous as it’s neither new nor exceptional. It’s merely a continuation of a prevailing trend that has been progressively in play, albeit with a minuscule real increase in financial allocations by the Ministry of Defence (MoD) to help attain this long-awaited goal. ....

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