Wednesday, October 30, 2013

"Services Including Software" Held in Abeyance for Offsets

We need to pragmatically device ways to curb/control corruption in contracts, and  in offset projects alike. Type of software projects that could fall in the ambit of offsets and right valuation aspects of such projects could be rationalized. Certain software projects in which there are many stakeholders, and the projects which as standalone do not make a business proposition but benefit the Indian Defence Industry as a whole including making processes efficient and transparent, could be a fit case as offset projects. 

Valuation of the projects could be done diligently to avoid over-pricing.

Answer to 'overweight' is NOT to stop eating but having a diet that is 'healthy enough to make one live decently yet reduce weight' --- a sermon worth attempting in offset projects too.

Sukhwindar

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