Indian aircraft carrier: More costly, already delayed

[MandarK]

I always think about it. Why dont you guys write in millions/billions, which are understandable by masses.

It was supposed to be understood by Indian people.

 

[sancho]

It was supposed to be understood by Indian people.

At least those that were born and raised in India.

 

[MandarK]

At least those that were born and raised in India.

Others can use Currency converter

 

[Jason bourne]

At least those that were born and raised in India.

--------------------------------------- deleted

 

[sancho]

Yes, aircraft carriers are both complex and expensive (with the former often leading to delay and adding to the latter)

True, but that is not carrier specific anymore, but normal for any modern defence development today. The once that fits the estimated budget and timelines are rather rare and in this case. But lets see how things will turn out when the vessel is available.

 

[blackops]

I always think about it. Why dont you guys write in millions/billions, which are understandable by masses.

its easy for us to calculate in crores thats why

 

[kurup]

More Funds For Delayed Indian Carrier: Report

Following confirmation of at least a five year delay in the indigenous aircraft carrier programme, the Indian government will shortly approve a further Rs 20-million towards the beleagured programme, reports NDTV.

As I reported here in August, the new Vikrant, won't be commissioned before 2017.

Livefist: More Funds For Delayed Indian Carrier: Report

 

[SamranAli]

It was supposed to be understood by Indian people.

It means terms million/billions are used less in india..while crore is used.

 

[ironman1]

never mind ! the money will move in Indian circulation only , a part of economy , so it's ok !

 

[Rajaraja Chola]

I always think about it. Why dont you guys write in millions/billions, which are understandable by masses.

Well actually lakhs and crores are OUR subcontinent systems. Indians follow it like that only.
billions and millions are western systems.
What system doesthey follow in pakistan?

 

[SamranAli]

Well actually lakhs and crores are OUR subcontinent systems. Indians follow it like that only.
billions and millions are western systems.
What system doesthey follow in pakistan?

100 lac makes 1 Crore and when its 100 crore we call it 1 arab.

 

[MandarK]

It means terms million/billions are used less in india..while crore is used.

Yup. Our budget is always presented with amounts in crores/lakhs.

 

[Rajaraja Chola]

100 lac makes 1 Crore and when its 100 crore we call it 1 arab.

1 arab? Is it arabic system?

 

[SamranAli]

1 arab? Is it arabic system?

Billion means arab in urdu.

 

[selvan33]

No more delay in delivery of indigenous aircraft carrier: Antony


India Aircraft carrier Defence Ministry



Posted On: Nov 21, 2012










NEW DELHI (PTI): Defence Minister A K Antony on Tuesday asked stakeholders to work for an early delivery of the warship and said responsibilities would be fixed in case of further slippages in the project.

The Indigenous aircraft carrier, being built in Kochi, was to be inducted into the Navy by 2014-15 but now the proposed induction has been decided for 2018 and the cost of the project has also gone up.

"Everybody has to be accountable for the warship which is a national project and fix responsibilities in case of further slippages. We cannot go on hearing excuses," Antony said here.

The Minister was reviewing the progress in the construction of the aircraft carrier being built by the Cochin Shipyard Limited.

He asked the stakeholders including the Navy, the KSL and other agencies to work together and try to compress the delivery schedule of the warship.

Antony said an Empowered Committee has been formed under Defence Secretary Shashikant Sharma whose task would be to constantly monitor the progress in the aircraft carrier.

The Minister also asked the CSL to give a firm date of induction of the carrier at the earliest possible.

Defence Ministry sources said the Ministry will soon move a proposal to the Finance Ministry and the Cabinet Committee on Security (CCS) for improving the flow of funds for the project launched in 2009.

They said the meeting was also informed that most of the teething problems of the project have been sorted out.

The supply of two gear boxes of the warship have also been arranged and one of them has already reached Koch and the other would be delivered by next month.

The meeting was attended by Minister of State for Defence Jitendra Singh, Navy Chief Admiral D K Joshi, Director General Acquisition S K Agnihotri and senior officials of the CSL.