Corruption-free system slashed defence cost by 25%

FORBESINDIA.COM | 16 February 2016 15:14 IST

Greater transparency in bidding process brought in by the BJP-led NDA government has reduced corruption, Union Defence Minister Manohar Parrikar said on Monday at the ongoing Make in India Week in Mumbai.

The minister added that “clean systems” and lack of corruption could help slash the cost of defence acquisition by 25 percent. CLICK TO READ MORE

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