Parrikar bats against blacklisting in defence sector

DAILY EXCELSIOR.COM | 30 January 2016 21:16 IST

Indicating willingness to change norms of blacklisting firms with tainted records, which has hurt the military procurement most, Defence Minister Manohar Parrikar today said punishing culprits is more important than imposing regulations.

Participating in a panel discussion on “Make in India” at ET Global Business summit, Mr Parrikar said instead of putting in more regulations, mechanism was needed to punish violators quickly. CLICK TO READ MORE is now on Telegram & also Youtube. Kindly subscribe for free & remain updated.

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