Defence Ministry News

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 2023
News

Centre 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 2020
News

Defence 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
News

‘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 2020
Companies

Auto companies aim for projects in defence sector as growth slows

Ashok Leyland is one of the largest suppliers of heavy vehicles to the militaryThe companies also want to exploit a government push for increased local manufacturing of defence equipment

3 min read25 Aug 2020
News

Defence 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 2020
Markets

Defence 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 2025The policy’s success, to a great extent, will hinge on scale up by the private sector, say analysts

2 min read10 Aug 2020
News

Producers 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 2020
News

Defence 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 2020
News

Defence Ministry approves procurement of 21 MiG-29 and 12 Sukhoi fighter jets

Defence Ministry also approves upgradation of 59 existing MiG-29sMinistry also approves capital acquisitions of various platforms and equipment worth ₹38,900 crore

3 min read2 Jul 2020
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