Defence Minister releases Draft Defence Procurement Procedure 2020

Date: 2020-03-25 14:29:32

Defence Minister Rajnath Singh released the Draft Defence Procurement Procedure(DPP), 2020 at a function in New Delhi. The policy is aligned with the vision of the government to empower the private industry through the Make in India initiative with the ultimate of turning India into a global manufacturing hub. The government has introduced leasing as another category to get defense equipment at affordable rates. The greater participation of the Indian industry and develop a robust defence industrial base, the use of indigenous raw materials, unique alloys, and software has been incentivized under the DPP-2020.