Friday, July 15, 2011
5:44 AM ASIAN DEFENCE No comments
With India expected spend nearly $100 billion over the next decade on modern equipment for its armed forces, Defence Minister A.K. Antony Tuesday cautioned against corruption in defence deals, particularly warning military vendors of "extreme steps" if any underhand deals were struck by them. Inaugurating an international defence acquisition seminar at the Institute of Defence Studies and Analyses (IDSA) here, Antony also assured the defence companies that they will get "a level playing field" and "fair play" in the acquisition process in India. However, he asked them "not to try to corrupt our people" while dealing with them during the acquisition process. Going a step further, he said: "I do not want to be a party to any corrupt practice and will not allow even a rupee of Indian taxpayer's money to be spent on graft."