Articles By Prof (Dr) SN Misra
Deficit or Direction?: Prudence in Defence Expenditure
By: Prof (Dr) SN Misra | Issue: Vol. 29.4 Oct-Dec 2014 | Date: 12 Sep , 2015
Richard Musgrave, an acknowledged authority in public finance, had said that every Finance Minister must grapple with the three issues of Allocation, Distribution and Stabilisation. Arun Jaitley,...
India’s Aerospace Industry: New Contours
By: Prof (Dr) SN Misra | Issue: Vol. 30.2 Apr-Jun 2015 | Date: 12 Aug , 2015
Prime Minister Modi’s ‘Make in India’ campaign has added a new dimension to defence production by making India the preferred designation for co-design development and production in India....
Facets of Defence Acquisition
By: Prof (Dr) SN Misra | Issue: Vol 27.3 Jul-Sep 2012 | Date: 11 Nov , 2012
From time to time, the Defence Procurement Procedure has tried to bring in level playing field to the private players. DPP-2011 has been significant as it has brought in some of the ship-building...
Is the new Defence Offset Policy bold enough?
By: Prof (Dr) SN Misra | Issue: Vol. 27.2 Apr-Jun 2012 | Date: 25 Aug , 2012
Defence industrialisation strategy must be made a part of the overall national manufacturing capability strategy. The social sector, through their social overheads and infrastructure improvement...
India's Offset Policy in the Shipbuilding Sector
By: Prof (Dr) SN Misra | Issue: Vol. 26.4 Oct-Dec 2011 | Date: 10 Feb , 2012
India is the third largest arms importer and 10th in terms of global military expenditure.1 Capital acquisition of naval ship and platforms account for 25 percent of India’s capital acquisition...
Impact of Offset Policy on India's Military Industrial Capability - II
By: Prof (Dr) SN Misra | Issue: Vol 26.2 Apr-Jun 2011 | Date: 25 Oct , 2011
The Highlights of Offset Contracts: Steady increase from $ 48.6M in 2007 to $519.5M in 2008, $974M in 2009 to around $ 700 M during 2010. The Aerospace sector accounts for 65% and balance by...
Impact of Offset Policy on India's Military Industrial Capability - I
By: Prof (Dr) SN Misra | Issue: Vol. 26.3 July - Sept 2011 | Date: 24 Oct , 2011
The Indian Ministry of Defence introduced offset provisions in its Defence Procurement Procedure 2005 (DPP-2005)1 for capital acquisition schemes exceeding an estimated cost of Rs. 300 crores...