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centre, states to discuss minimum support price procurement models




the centre’s two new procurement models to ensure that farmers get the maximum benefit of increased minimum support price (msp) will be discussed with the states during a two-day annual kharif conference starting from wednesday. the procurement models consisting of market assurance scheme (mas) ...



finmin presses agri ministry for reworking msp procurement models




the central government had earlier indicated that funds would not be a constraint for fulfilling the key announcement of developing a foolproof procurement model for crops whose prices have fallen below the minimum support price (msp). however, the finance ministry is learnt to have told the agricul...



finmin presses agri ministry for reworking msp procurement models




the centre had indicated funds wouldn’t be a constraint when it came to fulfilling the key announcement of developing a fool-proof procurement model for crops whose prices have fallen below the minimum support price (msp). but, the finance ministry is learnt to have told the agriculture ministry t...



uttar pradesh clocks 100% rise in wheat procurement at 3 million tonnes




wheat procurement by government agencies in uttar pradesh continues on a brisk pace with the state so far clocking 100 per cent increase in total purchases at about 3 million tonnes (mt) compared to the previous year. total wheat procurement in uttar pradesh had stood at around 1.6 mt during the sam...



foodgrain procurement under msp regime not as costly as feared; no rush




the government has allayed the fears of exorbitant cost of managing the procurement of farm produce under the proposed new minimum support price (msp) mechanism. officials said the mechanism could be applicable for the procurement of 12-15 million tonnes of food crops, largely pulses and millets. th...



pm narendra modi holds meeting on new agri-procurement models to ensure msp




prime minister narendra modi on tuesday discussed about the financial implication of the proposed procurement mechanism to ensure that farmers get msp if market prices fall below the government's benchmark rate. in his budget 2018 speech, then finance minister arun jaitley had announced that think-t...



rs 21,738 cr naval copter purchase to be 1st under strategic partner policy




the procurement of 111 “naval utility helicopters” (nuh) is the first acquisition to have been cleared by the defence ministry under its new “strategic partner” (sp) model, which seeks to bring the private sector into defence manufacturing. on monday, the ministry’s apex procurement body, ...



how is mp's 'bhawantar bhugtan yojana' performing? modi govt wants to know




the centre will carefully evaluate all the pros and cons of the three procurement models suggested by niti aayog and others for ensuring procurement under minimum support price (msp) before finalizing their contours and no decision is expected in a hurry, senior officials said. it might commission a...



procedural fairness important in public procurement, award of contracts: fm




finance minister arun jaitley on monday said the government cannot act like a commercial entity even when it comes to the "commercial activities of the state", and cannot just "pick and choose" in matters of public procurement. he said a "pick and choose" system could not only lead to unfairness, bu...



dac nod to procurement of assault rifles, carbines worth rs 3,547 cr




the defence acquisition council (dac) today cleared the procurement of assault rifles and carbines worth rs 3,547 crore on "fast track basis" to meet the immediate requirement of troops deployed on the borders, defence ministry sources said.under the proposal, cleared at the meeting chaired by defen...



centre approves proposal to procure assault rifles, carbines worth rs 35 bn




the government on tuesday gave its nod for the procurement of assault rifles and carbines worth rs 35.47 billion to meet the immediate requirement of troops deployed on the borders on a "fast track basis", the defence ministry said. the defence acquisition council (dac), headed by defence minister n...



with 25% cap, maharashtra's tur procurement drive may face trouble




the maharashtra government's ongoing tur procurement drive may face fresh troubles as it has planned to purchase only 25 per cent produce of every farmer based on an average productivity of the region. the maharashtra state marketing federation (msmf), an arm of the state government, has shot a lett...



army finalises mega procurement plan to replace ageing weapons




the army has finalised one of its biggest procurement plans for infantry modernisation.a large number of light machine guns (lmg), battle carbines and assault rifles are being purchased at a cost of nearly rs 40,000 crore to replace its ageing and obsolete weapons.the broad process to acquire around...



defence ministry approves military purchases worth over rs 55 billion




the defence ministry today approved military purchases worth over rs 55 bn, including 12 high power radars for the indian air force. the decision was taken at a meeting of the defence acquisition council (dac) chaired by defence minister nirmala sitharaman. the dac, defence ministry's highest decisi...



lockheed martin ceo wants india to fast-track defence procurement




american aerospace and defence major lockheed martin today urged india to work on couple of areas like fast-tracking defence procurement procedures with a view to attract companies in the sector. phil shaw, chief executive, lockheed martin india, said that the company wants to invest in india and in...



govt fast-tracks weapon procurement process for central paramilitary forces




the home ministry has also removed the three-stage process of procurement — authorisation, procurement and expenditure sanction — into two by clubbing authorisation and procurement, thus cutting down time substantially or by several months. the procurement process has been fast-tracked to improv...



government to soon announce new mechanism to ensure farmers get msp




the government will soon announce a new mechanism to ensure that farmers get the minimum support price (msp) if market prices fall below the benchmark rate, minister of state for agriculture gajendra singh shekhawat said on friday. the minister said the government has increased the msp of kharif (su...



army gets rs 40,000 cr to replace ageing weapons and counter china, pak




the army has finalised one of its biggest procurement plans for infantry modernisation under which a large number of light machine guns, battle carbines and assault rifles are being purchased at a cost of nearly rs 40,000 crore to replace its ageing and obsolete weapons. the broad process to acquire...



documents reveal thousands of russians have died in the military




according to the procurement order, 2,642 russian servicemen died in the time period — 626 in 2015, 790 in 2014, 596 in 2013 and 630 in 2012 — the vedomosti business daily reported on monday. the procurement order that revealed the figures was won by the sogaz insurance company. supplementary d...



best buy's deal of the day features discounts on apple watch




for today, april 27 only, you can save big on a wide range of apple watch models in certified condition. these include the latest series 3 models, both the gps and gps + cellular varies, plus high-end models.some of these models are geek squad certified refurbished. these models come with a 90-day l...



documents say 2,642 russian servicemen died in 2012-2016




according to the procurement order, 2,642 russian servicemen died in the time period — 626 in 2015, 790 in 2014, 596 in 2013 and 630 in 2012 — the vedomosti business daily reported on monday. the procurement order that revealed the figures was won by the sogaz insurance company. supplementary d...



commerce ministry shuts century-old procurement arm dgs&d




the commerce ministry closed down its nearly 100-year-old public procurement arm -- the directorate general of supplies and disposals (dgs&d) -- on october 31, a senior official said. the closure of the dgs&d, which traces its origin to london during the british raj, follows setting up of the govern...



defence ministry clears procurement of weapons for navy, iaf




defence minister nirmala sitharaman on tuesday cleared procurement of weapons worth nearly rs 1,700 crore to arm the navy and iaf.for the indian air force, she approved the purchase of laser-guided bombs that can hit a target accurately whereas more israeli barak surface-to-air missiles would be pro...



no question of rafale deal going the bofors way: nirmala




dismissing allegations of corruption in the contract for 36 rafale jets, defence minister nirmala sitharaman today asserted there can be no comparison between the scam-hit bofors gun deal and the procurement of the fighter aircraft."do not even compare it (rafale deal) with bofors. there is no scam ...



india to pay $197 mln for russian-made precision bombs




on tuesday, india said in an online statement that defense minister nirmala sitharaman had "cleared two procurement proposals," including a $197.4 million deal with russian arms export agency rosoboronexport to buy precision-guided munitions."this procurement will address the deficiency of precis...