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‘Indian Army’s war reserves below critical level’

In post on October 4, 2011 at 5:27 pm

New Delhi: The Army has pressed the panic button: it doesn’t have sufficient reserves of certain ammunition needed to secure the country in case a war is to be fought in the near future.

According to a report in a leading English daily, the Army has apprised the government in writing that some of its ammunition war reserves are currently below critical levels.

Following the development, the Defence Ministry has begun procuring ammo on an emergency basis, in some cases without adherence to the offsets policy. The policy lays down that if a foreign firm sells more than Rs 300 crore worth of ammo in a single transaction, it must re-invest 30 percent back in India. via http://zeenews.india.com/news/nation/indian-army-s-war-reserves-below-critical-level_734918.html


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