How to buy better: India needs new mechanisms for defence purchases, for enhancing both efficiency & reputation

News: French portal Mediapart recently claimed in a new report that it has evidence of kickbacks[1] being paid by French aircraft manufacturer Dassault Aviation to help secure the sale of Rafale fighter aircraft to India. Reports have further alleged that the CBI and the ED had evidence of bribes being paid since October 2018 but… Continue reading How to buy better: India needs new mechanisms for defence purchases, for enhancing both efficiency & reputation

Air India sale opens up a brighter future for aviation

Synopsis:  Disinvestment of Air India will benefit Indian economy. Introduction Recently, the Government of India has successfully disinvested 100 per cent of its stake in Air India, 100 per cent in the low-cost airline Air India Express Ltd and 50 per cent in the Air India SATS Airport Services Private Ltd. The move reflects the… Continue reading Air India sale opens up a brighter future for aviation

Defence Minister to launch Defence India Startup Challenge 5.0

Source: PIB What is the News? The Defence Minister will launch Defence India Startup Challenge(DISC 5.0). About Defence India Startup Challenge: Defence India Startup Challenge has been launched by the Innovations for Defence Excellence (iDEX), Defence Innovation Organisation(DIO) with support from the Ministry of Defence and Atal Innovation Mission. Aim: To support Startups/MSMEs/Innovators to create… Continue reading Defence Minister to launch Defence India Startup Challenge 5.0

India invites Italy for defence production

India invites Italy for defence production News: On the first visit of Italian Prime Minister Giuseppe Conte tenure, India invited Italy to participate in the defence sector under the “Make in India” scheme. Important Facts: Highlights of Joint Statement: A mutual agreement to counter terrorist financing and state sponsors of terrorism. A clear reference to… Continue reading India invites Italy for defence production