• The Army, which has made three tranches of Emergency Procurements (EP) in the last few years, is preparing for a fourth round of EP which will be entirely from the domestic industry, Army chief Gen. Manoj Pande said on Thursday.
  • He also said that in the next seven to eight years, orders worth ₹8 lakh crore could be placed with Indian industry.
  • “Emergency Procurements are done to address critical operational requirements.
  • Three tranches of EPs were executed under which 68 contracts worth ₹6,000 crore were placed.
  • We are now in the 4th EP for indigenous equipment. Our industry has risen to the challenge,” Gen. Pande said speaking on the sidelines of the DefExpo-2022.
  • “We also need to indigenise to modernise. It should not be seen as an impediment, but as an opportunity.”
  • Emergency financial powers were granted to the armed forces by the Defence Ministry in the past under which they could procure weapons systems up to ₹300 crores on an “urgent basis without any further clearances to cut short the procurement cycle.
  • ” Gen. Pande said the EP also gives them an opportunity to test various systems in the field before going in for larger acquisition through the capital budget route.
  • The Russia-Ukraine war taught us lot of lessons, the Army Chief said on becoming self-reliant. Not just maintenance and spares but also in terms of new acquisitions.
  • He said the Army was working on indigenisation of ammunition while looking for alternate sources with regard to spares.
  • Elaborating on efforts in this direction, Gen. Pande said in the last three to four years indigenous contracts have grown almost three times.
  • Last year, Acceptance of Necessity (AoN) for various contracts to the tune of ₹40,000 crore were issued from the domestic industry.
  • “Similarly, last year, Army signed contracts with indigenous industry to the tune of ₹47,000 crore. In the next 7-8 years, contracts worth about ₹7-8 lakh crore could be placed with Indian industry.


About ChinmayaIAS Academy - Current Affairs

Check Also

What to do with spent nuclear fuel?

Syllabus:  Alternate fuel Context: Japan has started releasing treated radioactive water from the beleaguered Fukushima …

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Free Updates to Crack the Exam!
Subscribe to our Newsletter for free daily updates