India eases norms to blacklist weapons firms facing corruption charges
NEW DELHI: Defence Minister Arun Jaitley said that in
view of India’s security preparedness, the norms relating to blacklisting
weapon manufacturing firms facing corruption charges have been eased partially.
“The issue (of blacklisting) has been discussed at
length at the defence ministry. There are a large number of firms which have been
blacklisted. Now that upholds consideration of probity but that narrows our
buying options which can affect our security preparedness,” Jaitley told the
media here, adding the issue was considered by the attorney general and the law
“We have eased to the extent that where supplies have
already been made, you need servicing of those equipment. Now you cannot say we
have blacklisted you and we won't take your spare parts. That will make the
equipment redundant,” he said.