DAC clears proposals worth Rs 15,935 Cr (approx $2.2b) । The approval covers purchae of Rifles, Carbines and Light Machine Guns for the Army, Navy and Air Force । New weapons are required by the Indian Army’s for effective engagement of Pakistani infiltrations । Leading Pakistani human rights activist Asma Jahangir passes away । Globally respected for her liberal views, she was a strong pro-democracy activist । SpaceX Launches the World’s Most Powerful Rocket, and aboard it, Mr Musk’s electric red sports Car । “It’s kind of silly and fun, but silly and fun things are important,” he said Feb 6। Mr Elon Musk owns both SpaceX, the world’s biggest space company, as well as Tesla cars। SpaceX’s Falcon 9 rocket has ferried payload to Space Station but this time, rocket is turbocharged। For the first time, NASA was not involved in launching such a heavy rocket। Singapore Airshow Opens Feb 6 । Boeing, Lockheed Martin, Raytheon, Airbus, Sikorsky, and the global biggies are taking part । Honeywell Provides Fuel Made From Mustard Seeds For Trans-Pacific Flight । Russia views India as a Privileged Partner, says Rostec CEO Chemezov । US Carrier Carl Vinson to make first ever visit to Vietnam in March । Carl Vinson woll dock at Da Nang, apparently boosting bilateral military cooperation । Happy Republic Day to All Indians । Emirates signs agreement for up to 36 additional A380s । India successfully test fires 5000-Km A380s ICBM। Defexpo to be held April 11-15 in Tamil Nadu, India’s southern state। HAL receives RfP for 83 LCA Tejas from IAF। The new LCAs will have AESA combat Radar। IAF had announced the decision for new LCAs sometime back। INS Kalvari commissioned into Indian Navy December 14। Prime Minister Modi ceremonially inducted the Scorpene class boat in Mumbai। Built by state-run MDL with French collaboration, Kalvari is the first submarine inducted after 2000। Modi described the Kalvari as a fine example of Make in India। Five more Kalvari Class submarines are to be commissioned over the next couple of years।
February 17, 2018
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CGDA Organises Workshop on Defence Procurements (Ex-Import)

June 2017

New Delhi. The Controller General of Defence Accounts (CGDA) organised a workshop, in New Delhi June 15, to discuss various important issues for bringing high degree of efficiency into the process leading to payments of imported stores, for the Defence Services like fighter aircraft, advance weapon systems and platforms, etc. from foreign countries like United States, France, Israel, Russia, etc.

Speaking at the function, CGDA Veena Prasad highlighted the necessity of developing better understanding amongst all the agencies on complexities of foreign contracts and payments for evolving a seamless system for ensuring prompt payments in terms of contractual provisions and thus ensuring timely delivery of the imported stores by the foreign vendors to our Defence Forces.

Other distinguished dignitaries who expressed their views on the occasion were Financial Advisor (Defence Services) Sunil Kohli, Vice Chief of the Army Staff Lt Gen Sarath Chand, Vice Chief of the Air Staff Air Marshal S B Deo, Vice Chief of the Naval Staff Vice Admiral Karambir Singh and Deputy MD State Bank of India Siddhartha Sen Gupta.

The recommendation of the workshop would be presented to the Ministry of Defence for its consideration.

The workshop was attended by senior officers from the Ministry of Defence, the Indian Army, Navy and Air Force. Officers from the CGDA Headquarters, Principal Controller of Defence Accounts (PCDA), New Delhi and State Bank of India also participated.

It gave an opportunity to all participants to discuss payment related multiple aspects in order to bring efficiency in the entire system so as to ensure prompt payments and consequential delivery of the systems.




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