Address at the National Seminar on Defence Acquisition

V. K. Misra

V. K. Misra, a former Financial Adviser (Defence Services), is a Distinguished Fellow at the Institute for Defence Studies and Analyses, New Delhi. read more

Acquisition efficiencies represent the most vital element in India’s quest for optimal defence capability build up in the desired time and cost horizons. The focused attention bestowed by MOD and Services Headquarters in recent years on this critical theme is a clear assertion of the country’s resolve to acquire full spectrum military strength over the next 15-20 years. However, notwithstanding the comprehensive procedural framework embedded in DPP 2008 and DPM 2009 concerning capital acquisition and revenue procurement respectively, several problems and inadequacies continue to impact adversely on the efficiency, time and cost frames and capital acquisition resource utilization. I would like to very briefly touch upon these concerns and the potential for reforms in these areas.

Attachment
Download Complete [PDF]