By S.N. Mishra
Issue: Net Edition | Date : 03 Aug , 2015
In a perceptive article in the Economic Times (31st July) Prof. Bharat Karnad, while paying fulsome tributes to Dr. APJ Abdul Kalam for his contribution to long range delivery systems like Agni series of ballistic missiles, has bemoaned the fact that the Defence PSUs have never progressed beyond the “Screw Driver” technology. He has specifically brought out, how the aeronautic behemoth HAL has alarming import content (70%) in its Value of Production during 2014.
Prof. Karnad has suggested that there is a need to stop “mollycoddling the DPSUs”, avoid wasting sophisticated built up capacity in the private sector and contain our humongous import drain.
… “technology power will raise the nation to a position of greater strength militarily and economically”.
This article seeks to look at the trend of our capital acquisition, its import content over the years & import content of HAL, the broad recommendation of the Kalam committee on improving our Self Reliance Index, policy architecture since the winds of liberalization wafted into the defence sector and the way forward to realize the legacy of Dr. Kalam.