Tuesday, 21 September 2021

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XXXIX, No 15, 02/08/2021

India’s atmanirbharta policy is “expensive and unachievable”- targets reached by “clever accounting”

India’s “atmanirbharta” policy, an attempt to increase self-reliance in defence production by demanding local content in procurements, has come under withering attack. Writing in India’s Financial Express, Amit Cowshish, a former Financial Advisor (Acquisition), at the MoD, described the policy’s goal as “nebulous” and criticised the expense and waste of trying and failing to achieve it.

 

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