The defense ministry informed the Parliamentary Standing Committee that it had prepared a perspective plan for 2007-2022 with an outlay of Rs.49,377.33 crore (about $10 billion) for a 15-year period. But after the Mumbai terror attack, the outlay was now “under revision”, the panel said in its report tabled in parliament Thursday.
Tag: Parliamentary Standing Committee
Coast Guard regional headquarters for northeast
by •
The new regional headquarters will help protect the environment and safety of life and property in the exclusive economic zone of India extending up to 200 nautical miles from coastal states in the Northeastern region, according to the Parliamentary Standing Committee report on the Coast Guard Organization.
Parliament panel raps Coast Guard for poor force accretion
by •
In its report tabled in parliament, the committee on defense noted that though it was given the impression on “a lot of efforts” by the ICG to upgrade its capacity post-26/11 Mumbai terror attacks, the force accretion rate indicated that the progress in this regard is “slow.”
Defense sector to gain from $30 billion inflow
by •
The Indian defense industry will benefit from an inflow of $30 billion as offsets through military procurements from abroad over the next decade, according to a report submitted to parliament Wednesday.
