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Defence Minister Rajnath Singh unveiled on Monday a new Defence Acquisition Procedure (DAP) that features steps to turn India into a global manufacturing hub of military platforms, reduce timelines for procurement of defence equipment and allow the purchase of essential items by the three services through capital budget under a simplified mechanism.

Under the new policy, the offset guidelines have also been revised to give preference to defence majors offering to manufacture products in India instead of meeting the offset obligations through other means, officials said. The DAP also incorporates new chapters on information and communication technologies, post-contract management, acquisition of systems developed by the state-run defence entities like the DRDO and Defence Public Sector Undertakings (DPSUs), they said.

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In what is seen as a significant move, the DAP featured measures to reduce delay in procurement of essential items by the three services

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By George Georgiopoulos and Renee Maltezou

ATHENS (Reuters) – Greece’s Prime Minister Kyriakos Mitsotakis on Saturday announced a tax relief package to boost jobs amidst a downturn caused by the coronavirus pandemic, as well as rise in spending to strengthen the country’s defence capabilities.

At his annual economic address in the northern city of Thessaloniki, Mitsotakis said his conservative government will end real estate tax in 26 islands and lower social security charges for workers and employers.

“Our priority cannot be other than safeguarding employment,” he said.

Greece’s economic recovery has ground to a halt after the outbreak of COVID-19 and measures to combat the pandemic. It slumped at an annual 15.2% clip in the second quarter in the face of the coronavirus shock.

Dependent on tourism, the economy has been hard hit by lockdowns and travel restrictions. So far, government support including furlough schemes has contained the rise in

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Defence Minister Rajnath Singh, on Friday, pushed for the restoration of status quo ante at all friction points in eastern Ladakh during talks with his Chinese counterpart Gen. Wei Fenghe in Moscow, in the first highest level face-to-face contact between the two sides after the border row erupted in Ladakh in early May.

The focus of the talks that lasted nearly two and a half hours was on ways to resolve the prolonged border stand-off, sources said.

 

Defence Secretary Ajay Kumar and Indian Ambassador to Russia DB Venkatesh Varma were part of the Indian delegation at the talks that began at around 9:30 pm (IST) at a prominent hotel in Moscow following a request from Gen. Wei.

“The meeting between Raksha Mantri Shri @rajnathsingh and Chinese Defence Minister, General Wei Fenghe in Moscow is over. The meeting lasted for 2 hours and 20 minutes,” Singh’s office tweeted.

External Affairs Minister

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