Parliamentary panel pulls up defence ministry over Rs 42,500 crore offset dues
Global - Asia
Archived
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July 27, 2026
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Parliamentary committee flags significant unfulfilled defence offset obligations. Foreign suppliers owe India approximately $4.5 billion in defence offsets. The defence ministry faces criticism for planning and contract management deficiencies. Artillery modernisation also shows two decades of significant delays. Systemic delays impact operational readiness and helicopter upgradation efforts.
Source: https://timesofindia.indiatimes.com/rssfeedstopstories.cms - Read Original
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