DAC approves major changes in Defence Procurement Procedure
The Government of India has approved major changes to the Defence Procurement Procedure (DPP). The Defence Acquisition Council, DAC chaired by the Defence Minister Manohar Parrikar which is the prime authority to lay down acquisition procedure gave its approval to the proposed changes. The new DPP (Defence Procurement Procedure) will streamline defence acquisitions made by the Defence establishments in India and give a big impetus to indigenisation through the ‘Make in India’ initiative.
The highlights of the new procedure are a new category to promote domestic manufacturing, including government funding for Research & Development and recognition of the Micro, Small and Medium Enterprises in technology development.