Category: Defence Cooperation
REGIONAL COOPERATION AGREEMENT ON COMBATING PIRACY AND ARMED ROBBERY AGAINST SHIPS IN ASIA (ReCAAP)
21, Jun 2019
Why in News?
- The Indian Coast Guard (ICG) will be co-hosting an international workshop that aims to deepen knowledge on issues related with piracy and armed robbery, the maritime agency said.
- The two-day workshop has been organised in cooperation with the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) Information Sharing Centre (ISC).
ReCAAP:
- The ReCAAP stands for Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia.
- It is the first regional Government-to-Government agreement to deal with piracy and armed robbery at sea in Asia.
- The ReCAAP Information Sharing Centre (ReCAAP ISC) was established under the Agreement and was officially launched on 29 November 2006 in Singapore.
- Presently, 20 countries are members of the ReCAAP including Australia, US, Japan, China and Bangladesh (Pakistan is not a member).
- India had played an active role in setting up and functioning of the ReCAAP ISC along with Japan and Singapore.
- The Centre has designated the ICG as the focal point within India for the ReCAAP.
LEG up for the Private sector Participation
27, Jul 2018
- Defence Acquisition Council (DAC) has approved the Implementation of strategic partnership guidelines.
- Objective: To Enhance defence industries (Domestic) and progressively build indigenous capability in private sector and to develop complex weapon systems for the army.
- It has four components
SUBMARINES SINGLE ENGINE FIGHTER AIRCRAFT HELICOPTERS ARMOURED CARRIES - Under this policy one Indian Private Company would be selected in each segment mentioned above and will tie-up with their foreign counterpart and work with technology transferred by them.
- DAC also approved acquisition of Eight Fast Patrol Vessels which will be indigenously designed and manufactured.
Fast Petrol Vessel: They are highspeed vessels capable of medium endurance patrol and intercept in littoral and Territorial water’s for upto six days and upto 18 persons
What is strategic model and why do we need private sector participation?
- Strategic model in defense simply means a struct set of regulations to enhance procurement process.
- In a time when PSU’s are stressed and fiscal deficit has widened, we need more investment from private sector, so we to build ‘Make in India’ Initiative
- Broad based eligibility criteria for selection of private partner’s
1. Financial capability – Profitability net worth
2. Financial Prudence – Credit Ratings
3. Technical Capability – Domain of specialisation
4. Research and Development Capability – Track Record
5. Capacitive infrastructure – Global Benchmarks
6. Executive track record – Timely deliveries
7. Ownership structure – Private, Public or Promoter