April 26, 2024 19:47 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Justice MB Snehalatha takes oath as additional judge of Kerala High Court | NIA arrests key accused in pro-Khalistani attack on Indian Mission in London | Plea filed in Calcutta HC seeking action against Mamata Banerjee's 'judges purchased' remark | LS polls: 88 seats across 13 states, UTs going to polls tomorrow for phase 2; 1202 candidates in fray | 'Neither shocked nor surprised': Mallikarjun Kharge writes open letter to PM Modi over Congress manifesto row

Defence ministry mulling to legalize middlemen in arm purchase deals

India Blooms News Service | | 31 Dec 2014, 10:27 am
New Delhi, Dec 31 (IBNS): Defence Minister Manohar Parrikar said that a new policy legalizing middlemen in arms purchases would soon be in place, media reports said.

The Minister told NDTV: “The middle men have to be declared and their commission cannot be linked to the outcome of negotiations.”

Parrikar, who took charge of the Defence portfolio last month, said the government would also allow these agents to participate in meetings to help the company they represent, since it may not be possible for official representatives to attend all meetings in India.

He said that the government could give conditioned and limited approval to dealing with banned defence firms.

The role of defence agents (popularly known as middlemen) was banned for years following the multi-million Bofors issue in 1980s when the Congress was in power.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.