NEW DELHI: After a delay of several months, the new Defence Procurement Procedure (DPP), focusing on India-made products and fast-tracked acquisition process, was today cleared by the top committee of the Defence Ministry.
However, the Defence Acquisition Council (DAC), chaired by Defence Minister Manohar Parrikar, did not finalise the key chapter on strategic partnership, which the Minister said will be done in another couple of months.
Parrikar said the new blacklisting policy will also be issued separately next month and made it clear that there will be “no relaxation” for those who have already been blacklisted and “bribe givers” will be punished.
However, the Minister said that existing blacklisted firms will be allowed to appeal before a vigilance committee of the defence Ministry for delisting under the new policy. (AGENCIES)
Follow our WhatsApp channel