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Ministry of Defence’s rule on blacklist may change

There are indications that the government could make some changes in the rules

New Delhi: There are indications that the government could make some changes in the rules that stipulate blacklisting of companies — in case of irregularities detected in defence deals — to ensure that badly-needed defence acquisitions for the armed forces are not held up on account of blacklisting of firms.

In another development, the government has informed Parliament that crashes of about 30 IAF aircraft in the past three years had caused a loss of about Rs 1,161 crore to the government.

( Source : dccorrespondent )
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