Sunday, 12 August 2012

Corruption in Defence Deals

Complaints regarding irregularities in defence procurement are received from time to time. These complaints are examined and appropriate action taken. 
The Defence Procurement Procedure contains stringent provisions to ensure highest degree of probity, accountability and transparency. Procurements are made only from Original Equipment manufacturers, authorised Vendors, Government Sponsored export agencies and through inter-Governmental route. An Integrity Pact is also signed with bidders for all procurement schemes costing over Rs.100 crores. 
This information was given by Defence Minister Shri AK Antony in a written reply to Shri Mohan Singh in Rajya Sabha today. 

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