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Home » Blog » Defence and Security
11 Jun 2014| Posted by Morris | In Defence and Security
The newly power Bharitya Janata Party (BJP) government introduced an e-procurement platform for future defence acquisitions in an effort to check corruption and wrongdoing, on 6 June.
All the future procurements worth more than INR1 million (USD16,666) would now be published via the e-platform: eprocurement.gov.in.
This limit will be halved to INR5 million from April 2015, to ensure probity in all its transactions.
Orders for high-pricing materiel will also be processed on this platform, which will now be open to all suppliers, including domestic providers.
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