Defence ministry to introduce procurement policy soon
The government is planning to come up with a new Defence Procurement Policy (DPP), as the previous one, which is just about a year old, is not working as expected.
A senior defence ministry official revealed this at a recently held defence procurement workshop on "Streamlining the Indian Defence Procurement System" organised by Observer Research Foundation in association with SP Guide Publications.
Amit Cowshish, Financial Advisor (Acquisition) and Additional Secretary, Department of Defence Finance, Ministry of Defence, said the DPP is under review and some of the issues of the industry might be addressed when the new DPP is announced.
"I hope some of the issues the industry has raised may be addressed in the new DPP," Cowshish said.
He suggested creation of a permanent professionals body to select the right vendors, brining in continuity, transparency and accountability.
Cowshish admitted that a paradigm shift in the policy of defence acquisitions was necessary.