India to buy 126 fighter jets by year-end

The government will finalise the proposal to purchase 126 aircraft by the year-end, Defence Minister Pranab Mukherjee said in Mumbai. Speaking at the meeting organised by the Indian Merchants'......

Can Doval change defence planning in India?

'Defence does not new 'planning commissions'; it needs an implementation commission.'Ajai Shukla reports. IMAGE: National Security Adviser Ajit Doval. Successive defence ministries have adopted the......

MoD scraps plans for Raksha Udyog Ratnas

The Ministry of Defence has decided to retain decades-old barriers against allowing India's private sector a meaningful role in defence production. Minister of State for Defence Production MM......

'DRDO can't meet country's self-reliance goals'

While there have been significant achievements in almost all disciplines, it must be appreciated that there is a definite capacity constraint in the Defence Research and Development Organisation.......

The Kelkar Committee report

The Vijay Kelkar Committee on Direct Taxes first submitted its report in year 2003. The report generated a lot of excitement and anxiety among individual and corporates alike.So just what does the......

India's economic situation could be worse than 1991: Kelkar

The Vijay Kelkar committee has cautioned that India's current account deficit (CAD) might rise to a record 4.3 per cent of gross domestic product (GDP) in 2012-13 if reforms to address this do......

Remove subsidy on diesel, LPG by 2016: Kelkar

The Kelkar Committee has recommended sharp reduction in subsidies on petroleum, food and fertiliser, which the government said was contrary to its policy of protecting the poor.Highlights of the......

Kelkar sets ball rolling on govt land monetisation

The Vijay Kelkar panel's recommendation to monetise surplus government land has triggered fresh thinking in key central ministries on how it can be done expeditiously. The move has the potential to......