Abingdonboy
ELITE MEMBER
I'm not overly pessimistic, the indian economy is on a healthy growth path again and if the defence budget is properly managed there is enough money to go around.IF, the first 7 month were basically wasted and now pretty much will depend on the coming budget, with recent statements of DM Parrikar about not to expect many incrases in the defence budget, not sounding too good.
The DM just needs to putting pen to paper on the aforementioned deals. The DAC meeting more regularly (something he has boosted about) is irrelevant if the CCS doesn't subsequently sign them. I do think 2015-15 will see the majority of this backlog cleared though, this is what I hear.
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