What’s new in the DPP 2016?
It seeks to address the concerns of defence manufacturers and suppliers and enhanced transparency.
- Included a new category to acquire weapons–IDDM (Indigenously Designed, Developed and Manufactured). IDDM will be the first preferred category of preference
- A 10% weightage has been introduced for superior technology, instead of selecting the lowest bidder only in financial terms
- Govt funding for R&D and recognition of the MSME in technology development
- Defence Acquisition Council to take a “fast-track” route to acquire weapons, something which was limited to only armed forces till now
- Defence export clearances will now be granted online
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Defence Sector – DPP, Security forces, etc. – Civilsdailys been revised periodically . The DPP 2016 is based on the recommendations of the expert committee headed by former Home Secretary Dhirendra Singh, which submitted its report last year; most of its suggestions are accepted.
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<span>What’s new in the DPP 2016?
It seeks to address the concerns of defence manufacturers and suppliers and enhanced transparency.
Included a new category to acquire weapons– IDDM (Indigenously Designed, Developed and Manufactured). IDDM will be the first preferred category of preference A 10% weightage has been introduced for superior technology , instead of selecting the lowest bidder only in financial terms Govt funding for R&D and recognition of the MSME in technology development Defence Acquisition Council to take a “ fast-track” route to acquire weapons, something which was limited to only armed forces till now Defence export clearances will now be granted online
What does the DPP offer for foreign investors?
The offset threshold will be raised, with foreign vendors liable for offsets only in contracts worth over Rs 2,000 crore, from earlier Summary
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