22 March 2016 Current Affairs: Defence Minister Manohar Parrikar announced on March 21 2016 the clearance of the long anticipated Defence Procurement Policy of 2016 (DPP-2016). This will replace the current DPP-2013, and govern all defence acquisitions initiated after April 2. He said the new policy would be accessible on the defence ministry's website with effect from March 28.The policy will give first priority to Indian Designed Developed and Manufactured (IDDM) acquisition and relax norms with respect to blacklisting. There will be strategic partnerships in case of helicopters, fighters and submarine projects.The government will updated the Ordnance Factory Board and Defence Procurement Manuals in two months.Parrikar said the new blacklisting policy will also be issued separately next month and made it clear that there will be no relaxation for those who have already been blacklisted and bribe givers will be punished.The existing blacklisted firms will be allowed to appeal before a vigilance committee of the Defence Ministry for delisting under the new policy.The new DPP will also have provision for allowing the DAC to fast track the procedure by bypassing the Acceptance of Necessity (AON) process, in urgent cases like requirements of the Special Forces.
FreshersLive - No.1 Job site in India. Here you can find latest 2017 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.