March 08, 2026 03:00 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Iranian drone strike near Dubai Intl. Airport's terminal forces emergency flight suspensions | 26-year-old Hindu man killed after Holi altercation with Muslim neighbour in Delhi’s Uttam Nagar; four arrested | Zohran Mamdani defends wife amid scrutiny over her 'support' for Palestinian cause | Explosions rock club in Kolkata’s Paikpara, locals claim bombs were stored inside | Iran conflict: White House says US could achieve ‘Operation Epic Fury’ objectives in 4–6 weeks | Sensex, Nifty tumble as global tensions and Dow selloff rattle Indian markets | Two IAF pilots killed as Su-30MKI fighter jet crashes in Assam | 'Who is the US to permit?': Congress slams Modi govt over Trump administration’s waiver on India’s Russian oil purchase | US makes surprise move: India gets 30-day waiver to buy Russian oil amid global supply crisis | India edge England by 7 runs in thriller to reach T20 World Cup 2026 final

Defence ministry mulling to legalize middlemen in arm purchase deals

| | Dec 31, 2014, at 03:57 pm
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.