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Striking Balance among Diverse Oversight Concerns in Defence Acquisition

Transparency in public procurement bears an immediate cost both for government and bidders. However, it is a key element to support fundamental principles of the public procurement system, especially competition and integrity. The drive for transparency must therefore be tempered by making transparent what sufficiently enables corruption control. If the level of transparency is adequately defined, the benefits will outweigh the cost, especially when comparing the initial cost of transparency with the potential negative consequences of corruption.

Searching for Options

In the aftermath of the disastrous meeting between the Foreign Ministers of India and Pakistan, there is an all-pervasive air of despondency if not frustration as India seems to be running out of options.

Streamlining Defence Acquisition Process

The process for Defence Acquisitions in India has evolved considerably in the last decade or so, and is being refined further. The Ministry of Defence recognizes the importance of timely modernization, and of balancing the operational needs with the requirements of transparency and probity. There are a number of areas where further initiatives are being considered and the Ministry of Defence, in consultation with all stake holders, would be moving forward in this regard.