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Showing posts from December, 2020

Effects of New Procurement policy on Defense preparedness in India

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  India’s defense sector is the most talked about Government department when it comes to cash flows and volumes in tender amounts. There has been a long list of allegations and controversies across different political rules post-independence times. India has witnessed political turbulence and fall of stable Governments over different defense procurement from time to time. Due to large fund outflows these transactions garner huge media attention and become targets of political animosities. Though democracy authorizes the right to challenge and express a contrarian point-of-view there are instances when disputes were blown out of proportion and judiciary was pressed into action to settle the issues. We have also seen politics taking center stage and defense requirements being put on the back burner quite an often due to this. Instances of political slug-fest on defense deals:   One of the most hyped cases was the Bofors Howitzer Gun deal from Sweden where questions were raised on th