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Parliamentary panel pulls up defence ministry over Rs 42,500 crore offset dues

World 1 source 1 country 🔦 Under-reported 41m ago

Parliamentary committee flags significant unfulfilled defence offset obligations. Foreign suppliers owe India approximately $4.5 billion in defence offsets. The defence ministry faces criticism for planning and contract management deficiencies.

Artillery modernisation also shows two decades of significant delays. Systemic delays impact operational readiness and helicopter upgradation efforts.

Summary from source
Read the full story at the source Times of India · IN
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