Economy

New defence procurement policy will pursue indigenisation: Antony

PTI Kochi | Updated on March 12, 2018 Published on March 25, 2013

Defence Minister, A.K. Antony, says the defence procurement policy will henceforth be reviewed every year.

The Defence Ministry is in the final stages of preparing the new procurement policy, which will “aggresively’’ pursue indigenisation, Defence Minister A.K. Antony has said.

“We are also very very particular to aggressively pursue indigenisation, especially after our many experiences... The new procedures will give further impetus and a new momentum to indigenisation”, he told reporters here on the sidelines of a function today.

He was responding to a question on the Union Commerce Minister making a strong pitch to raise the FDI limit in the defence sector from 26 per cent to 75 per cent.

“Regarding other things, we are not for any hasty decision. So at the moment we cannot take a decision hastily,” he said.

The procurement policy will henceforth be reviewed every year. Earlier, it was being reviewed every two years, he said.

On the Italian marines issue, he said India’s action has been proved correct. The bold stand of the Indian judiciary and the Government has enhanced the prestige of the country and the judiciary.

The marines — Massimiliano Lattore and Salvatore Girone — were aboard Italian vessel ‘Enrica Lexie’ when they allegedly shot dead two fishermen off the Kerala coast on February 15 last year. The two had been allowed by the Supreme Court to go to their country for four weeks to vote. However, Italy had refused to send them back initially.

On alleged corruption in the Agusta Westland helicopter deal, Antony said CBI is “vigorously’’ pursuing the matter.

“My commitment to Parliament stands. I do feel somebody has taken money. The enquiry is at a crucial stage. We will not show mercy to anybody and will take action however powerful he may be,” he said, adding that stern action would be taken after the report comes out.

Asked about the Sri Lankan Tamils issue, he said that the whole nation and the Government have already expressed solidarity over the issue.

Published on March 25, 2013
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