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India Plans Big
Military Spend
New Delhi, Jul. 8 2002 (INS News)
--
India, growing conscious of its regional super power
status and facing heightened tension with Pakistan,
is gearing up for military equipment acqisition
this year.
The defence ministry is executing an extensive plan
to upgrade the country's land and air surveillance
capabilities.
Recent Retired Defence Secretary Yogendra Narain
told reporters that the ministry hopes the entire
22,000 crores allocated this year will be fully
utilised.
The
armed forces will soon be equipped with French made
killer scorpene submarines, The Russian aircraft
carrier Admiral Gorshkov and Isreli made Phalcon
early warning aircraft.
Other defence equipment like hand-held night visiondevices
counter-improvised explosive device equipment and
unmanned aerial vehicles were also being procured.
Yogendra Narain said.
The
Defence Ministry has also sought permission from
the Finance Ministry to carry forward the un utilised
budgetry allocation for weapon system purchased.
It is a practise in countries like france and Italy
mr said there has been 33% increase of defence purchase
from 12,000 to 16,000 crores in 2001-2002. The setting
upon a defence prcurement board has lead to a quantum
jump.
The board adopted the fast track rule to clear 273
crucial deals ranging from purchase of hand-held
thermal images used for night vision to unmanned
aerial nd counter improvised explosive device equipments.
The negotiations for buldingd six killer class sub
marines thereown the verge of conclusion with French
Ship building giant DCN international, he said.
--
Sam
Asharaf
- South Asia Correspondent in Trivandrum, India
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