Plan to bring Defence Ministry under offsets authority
Moves are on to bring the Ministry of Defence under a national offsets authority that the government plans to make an umbrella body for procurement by all its departments. While talks of having a national offsets policy has been on the cards for the past several years, the Ministry took the lead in coming out with a clear policy under the Defence Procurement Procedure that is amended periodically, the latest being inclusion of Transfer of Technology this month.
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