Defence Ministry News
SC grants Centre time till March 15 for payment of OROP arrears to armed forces
A bench of Chief Justice DY Chandrachud and Justice PS Narasimha asked the Centre to ensure that all arrears are paid by March 15. The apex court also granted ex-servicemen association the liberty to file an application if they were aggrieved by any action of Centre with regards to the payment of OROP arrears.
1 min read9 Jan 2023Centre drops offset clause in govt-to-govt arms deals
Under the clause, companies were required to invest part of their deal value in India
2 min read29 Sep 2020Defence Ministry suspends business dealings with Vectra company over Tatra case
Defence Minister Rajnath Singh approved the suspension of business dealings with M/s VAEPL for one year from August 14
1 min read25 Aug 2020‘Govt could look at issuing bonds to plug shortfall in defence funding’
The defence ministry estimates that contracts worth almost ₹4 tn will be given to the domestic industry in the next 5-7 years
2 min read25 Aug 2020Auto companies aim for projects in defence sector as growth slows
Ashok Leyland is one of the largest suppliers of heavy vehicles to the military The companies also want to exploit a government push for increased local manufacturing of defence equipment
3 min read25 Aug 2020Defence Acquisition Council approves proposals to buy ₹8,722.38 cr military hardware from domestic companies
The council also gave the go ahead to the procurement of 125 mm APFSDS ammunition for Indian Army as a 'Design and Development Case,' the ministry statement said
1 min read11 Aug 2020Defence stocks soar as govt restricts import of 101 items in phases
The ministry of defence's draft policy states it is incumbent that domestic procurement is doubled from the current ₹70,000 crore to ₹1,40,000 crore by 2025 The policy's success, to a great extent, will hinge on scale up by the private sector, say analysts
2 min read10 Aug 2020Producers must obtain NOC before telecast of Army theme film, web series: Defence Ministry to CBFC
They (the producers) may also be advised to ensure that any incident which distorts the image of the Defence Forces or hurts their sentiment may be prevented, Defence Ministry said in a letter
1 min read31 Jul 2020Defence Ministry writes to CBFC, advises production houses to seek NOC on Army content
The Defence Ministry had received some complaints raising strong objections about the portrayal of Indian Army personnel and the military uniform in an 'insulting manner' as per sources
1 min read31 Jul 2020Defence Ministry approves procurement of 21 MiG-29 and 12 Sukhoi fighter jets
Defence Ministry also approves upgradation of 59 existing MiG-29s Ministry also approves capital acquisitions of various platforms and equipment worth ₹38,900 crore
3 min read2 Jul 2020Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared