Amit Cowshish

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  • Amit Cowshish is a former Financial Advisor (Acquisition), Ministry of Defence and presently a Distinguished Fellow with the Indian Institute for Defence Studies and Analyses. Click here for Detailed Profile

    Need for incorporating a limitation of liability clause in defence contracts

    It would be both graceful and fair to pay a reasonable amount that is seen as equitable compensation for infringement of the fundamental right to life or damages arising from tortious liability of the government.

    May 17, 2017

    Furthering India-Japan Defence Cooperation: Arun Jaitley indicates a new approach

    While there is no doubt that India could do with help from Japanese defence firms, the modality of acquiring technologies from foreign companies in general requires to be clearly articulated.

    May 15, 2017

    Raising Defence Budget to Three Per Cent of GDP

    Speaking at the United Service Institution on May 4, 2017, the Chief of the Army Staff said that India needs to spend much more on military modernisation to ensure that economic growth continues unhindered.

    May 08, 2017

    FDI in Defence: Need for Liberalisation and Simplification

    The government should set up a task force to engage with potential investors and investees and evolve a simplified FDI policy, which has different slabs for different kinds of activities and is free from terms and conditions that are difficult to understand and implement.

    May 04, 2017

    Dual Charge – An Opportunity to Fix Financial Management in Defence

    It is important to restore the functional self-sufficiency of the finance division of a ministry which handles 17-18 per cent of the total central government expenditure so that it could discharge its responsibilities without real or perceived pressures.

    March 21, 2017

    Defence Expenditure: A Challenge for Defence Economists

    The basic challenge for defence economists is to demonstrate that there are other feasible ways of skinning the cat during budget formulation. But the challenge is also inextricably linked with the need for rationalisation of defence expenditure.

    March 14, 2017

    Rebooting the Defence Budget

    There is a strong case for abandoning the present approach of looking at the defence budget through the narrow prism of allocation and utilisation, and instead focus on outcomes.

    February 28, 2017

    10 Questions the Standing Committee on Defence needs to ask MoD

    The objective of asking these question should be to elicit information that generates a well-informed debate on, and facilitates the result-oriented monitoring of, the MoD’s handling of matters related to the defence budget.

    February 13, 2017

    Would a Non-Lapsable Defence Modernisation Fund Work?

    There is a plethora of evidence to show that the problem of establishing a Defence Modernisation Fund does not lie with any ‘rules of business’, but instead with its merit and workability.

    February 10, 2017

    Defence Budget 2017-18: Chugging Along

    Budget is not just all about figures but also a statement of policy. The Defence Budget for 2017-18 contains no hint of any intention of the government to bring about a paradigm shift in the defence policy.

    February 02, 2017

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