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Tensions along the LoC have ‘reduced’ after talks between the two DGMOs but there will be no hasty decisions for normalising relations with Pakistan as it is ‘too early’ to do so, Defence Minister A K Antony has said. Talking to media persons, Defence Minister A K Antony said infiltration attempts are going on even in extreme winters and wondered that ‘if this is the case now, what will be the position (of infiltration) in summers’. "After the latest round of talks between the two DGMOs, the tension in the LoC has reduced but I cannot say or set a timeline for normalising the atmosphere there. It depends on so many factors,” he said.
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Seeking a share in the pie for supply high-mobility vehicles to the Army, Tata Motors has offered its latest vehicles to the Defence Ministry to replace the controversial Tatra trucks, used so far to carry missiles such as Agni and Prithvi. The procurement of Tatra trucks has been put on hold pending a CBI probe into bribery allegations by former Army chief Gen V K Singh. Tata Motors will make a presentation before Defence Ministry’s Director General (Acquisition) S B Agnihotri about its latest vehicles offered by it to replace Tatra trucks for carrying missile systems of the armed forces such as BrahMos and Pinaka, Defence Ministry sources said here.
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The offsets policies of the Defence Ministry have helped the local private military and aviation industry to get contracts worth over Rs 14,000 crore in the last few years. The local Industry has bagged contract worth over Rs 14,000 crore due to the offsets policy under the Defence Procurement Procedure, Secretary (Defence Production) R K Mathur told reporters here. As per the offsets policy, foreign vendors bagging any deal worth over Rs 300 crore have to invest at least 30 per cent of the worth of the deal in the Indian industry only.
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The Indian Defence Ministry has opposed a decision of the Finance Ministry to reduce its budget by Rs 10,000 crore saying this move will adversely impact its plans for procuring critical equipment for the three Services. The Defence Ministry has asked the Finance Ministry to take back its decision to cut Rs 10,000 crore from its allocated budget of around Rs 1.93 lakh crore citing the impact it can have on the modernisation plans of the Armed Forces including the raising of the new Mountain Strike Corps and procurement of 126 M-MRCA, sources said here.
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India has hiked the financial powers of its army, navy and air force headquarters three-fold to facilitate speedy purchases of essential defence equipment, weapons and systems. The revised financial powers, under which the three services headquarters can procure up to $30 million on their own, got the nod of the highest decision-making body, the Cabinet Committee on Security (CCS). Existing financial powers of the services headquarters is to purchase up to $10 million.
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