ASSOCHAM submits report to Defence ministry on pvt sector role

Last Updated: Wednesday, August 15, 2012 - 20:50

New Delhi: Imposition of penalties and cancellation of contracts with private defence companies which fail to meet prescribed security standards were among the recommendations by industry body ASSOCHAM on the security audit of such firms submitted to Defence Ministry on Wednesday.

The recommendations, the ASSOCHAM said, were submitted to to the Ministry of Defence considering that government is set to perk up private sector participation in manufacturing of defence equipment,

It has proposed a standardised template for all private sector defence companies to meet a certain minimum security criterion acceptable to both the government and the private sector, an ASSOCHAM statement said.

As per the recommendations, the standardised template covering three sets of security audit aspects under headings of high, medium and low should be divided into three types, in conformity with the sensitivity of the type of products and services being provided by such companies, it said.

It has suggested that as per the security threat factor, the companies should have barbed wire fencings, CCTV cameras, baggage scanners and manual frisking at their facilities.

The ASSOCHAM has recommended that warning should be issued to the company for failing to ensure these security parameters in first instance and if the deviations continue even after three chances, the contract of the company should be cancelled.

India is planning to spend USD 100 billion on defence forces in next 10 years and a major part of it will be procured from private firms also.


First Published: Wednesday, August 15, 2012 - 20:50

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