Question: Recently, for which of the following purpose the central government constituted the ‘Vinay Sheel Oberoi Committee’?
(a) Modernization of Railways
(b) Modernization of Armed Forces
(c) Modernization of Police
(d) Modernization of Post Offices
Answer: (b)
Related Facts:
- On February 7th, 2018, Union Defense Minister Nirmala Sitharaman has constituted a 13-member advisory committee for monitoring and speeding of capital acquisition projects for the modernization of the Armed Forces.
- This committee was constituted under the chairmanship of former secretary Vinay Sheel Oberoi.
- The term of the committee will be till August 2018.
- The committee will suggest ways to improve the capital acquisition process.
- Apart from this, the committee will examine the status of important projects worth more than Rs. 500 crores and conduct independent review.
- The committee will review the projects of various categories including ‘Buy’ (India) and “Buy and Make” (Indian).
- This committee will present its initial report by March 31st, 2018.
Reference:
http://www.news18.com/news/india/defence-minister-appoints-panel-to-expedite-capital-acquisition-for-armed-forces-modernisation-1654115.html
http://www.business-standard.com/article/economy-policy/new-ministry-of-defence-committee-will-push-capital-projects-of-rs-5-bn-118020701906_1.html