Make II Projects

In News 

  • The Army has approved five Project Sanction Orders (PSOs) for development of niche technology by the Indian industry under Make-II route of defence procurement
    • The projects include High Frequency Man Packed Software Defined Radios (HFSDR), drone kill systems, Infantry Training Weapon Simulator (IWTS), Medium Range Precision Kill Systems (MRPKS) and 155mm Terminally Guided Munitions (TGM).

About 

  • The provision of ‘Make’ category of capital acquisition in Defence Procurement Procedure (DPP) is a vital pillar for realising the vision behind the ‘Make in India’ initiative of the Government, by fostering indigenous capabilities through design & development of required defence equipment/product/systems or upgrades/ sub-systems/components /parts by both public and private sector industry/organisation in a faster time frame.
  • ‘Make’ Procedure has following two sub-categories:
    • Make-I (Government Funded): Projects under ‘Make-I’ sub-category will involve Government funding of 90%, released in a phased manner and based on the progress of the scheme, as per terms agreed between MoD and the vendor.
    • Make-II (Industry Funded): Projects under ‘Make-II’ category will involve prototype development of equipment/ system/ platform or their upgrades or their subsystems/ sub-assembly/assemblies/ components, primarily for import substitution/innovative solutions, for which no Government funding will be provided for prototype development purposes.

Source:TH

 
Next article Orphan Crops

Other News of the Day

In News Recently, the Department of Economic Affairs (DEA) has notified India Infrastructure Project Development Fund Scheme. About IIPDF Scheme Aim It aims for financial Support for Project Development Expenses of PPP Projects.  It will provide necessary support to the PSAs, both in the Central and State Governments, by extending financial assistance in meeting the...
Read More

In News ISRO’s RISAT-2 satellite has made an uncontrolled re-entry into the Earth’s atmosphere in the Indian Ocean near Jakarta.  About ISRO’s RISAT-2 satellite Background RISAT-2 was launched by the PSLV-C12 launch vehicle in 2009.  The initial designed life of the satellite was four years. Functions It was a radar-imaging satellite that was India’s first...
Read More

In News The UN Food and Agricultural Organisation’s Food Price Index (FPI) averaged 135.9 points in October, marginally lower compared to the previous month’s 136 points. This marks the seventh successive month of decline in the index, which is a weighted average of world prices of a basket of food commodities over a base period...
Read More

In News Recently, China released its official whitepaper titled "China's BeiDou Navigation Satellite System in the New Era".  Background What is the BeiDou navigation system? Background China initiated BeiDou in 1994 with aims to integrate its application in different sectors, including fishery, agriculture, special care, mass-market applications, forestry and public security.  Global navigation network  BDS...
Read More

In News Recently, the Supreme Court (SC) upheld the Employees’ Pension (Amendment) Scheme, 2014 of the Employees’ Provident Fund Organistion (EPFO) as “legal and valid”. Key Points Background:  An appeal was filed by the EPFO challenging the decisions of the Kerala, Rajasthan and Delhi High Courts quashing the 2014 amendments on determination of pensionable salary”...
Read More

In News Recently, the Union Agriculture Minister launched a portal on the National Mission on Natural Farming (NMNF) for the benefit of the farming community. Key Points The NMNF portal:  It is developed by the Agriculture ministry It was launched in the first steering committee meeting of the National Natural Farming Mission here. The portal...
Read More

In News Recently, the 10th Session of the India-Kyrgyz Republic Inter-Governmental Commission on Trade, Economic, Scientific and Technological Cooperation (IKIGC). More about the news About: The 10th session of IKIGC was held in a virtual format.  A Protocol of the 10th session of the IKIGC was signed between India and the Kyrgyz Republic. Both sides...
Read More

In News Recently, Tamil Nadu‘s ruling party intended to sign a joint petition with the opposition, asking the Indian President to immediately remove their Governor. More about the news Other states: Governors in several states, including Maharashtra, Kerala, Punjab, etc. have also expressed disagreements with the government on various issues. Issues: The role, powers, and...
Read More