Indian Defence Minister Nirmala Sitharaman has constituted a Raksha Mantri’s Advisory Committee on the Ministry of Defence (MoD) Capital Projects (RMCOMP).
The advisory committee comprising of 13 members has been approved in order to support capital acquisitions that would help strengthen armed forces preparedness.
The committee will be responsible for carrying out independent review and status checks of identified ongoing critical capital projects that are valued at more than Rs5bn ($77.56m), including the ‘Mission Mode’ and ‘Make’ projects, and the ‘Buy (Indian)’, ‘Buy and Make’, and ‘Design and Development’ projects.
In addition, the committee will evaluate the physical and financial progress of the schemes or projects, identify and address specific bottlenecks and concerns that are responsible for delays.
The committee will also look into any other issues related to project monitoring and appraisal that may be raised by the MoD.
The newly-formed advisory body will have to produce an initial status report on the projects, highlighting the current status, issues, remedial measures and follow-up strategy, to the Defence Minister by 31 March this year.
Based on the decisions on the status report, the committee will have to submit two follow-up corrective ‘Action Taken’ reports by 30 April and 31 July.
It will also offer suggestions on ways of modern management that can be leveraged to reduce delays, in addition to suggesting actionable measures to improve the capital acquisition process or procedures.
The advisory committee will serve the ministry until the end of August this year.