http://pib.nic.in/newsite/PrintRelease. ... lid=165674
WHY ARE THEY DOING NO???????????????
what inefficiency is there when paying foreign countries like United States, France, Israel, Russia, etc.
why they dont do it for Indian companies ???
Press Information Bureau
Government of India
Ministry of Defence
15-June-2017 20:34 IST
Workshop on “Defence Procurements (Ex-Import): Important issues concerning contractual payments”
The Controller General of Defence Accounts (CGDA) organised a workshop, here today, 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 Ms 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.