{"id":89390,"date":"2020-01-09T15:12:06","date_gmt":"2020-01-09T09:42:06","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=12823"},"modified":"2020-01-09T15:12:06","modified_gmt":"2020-01-09T09:42:06","slug":"indian-army-begins-work-on-goco-model","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/indian-army-begins-work-on-goco-model\/","title":{"rendered":"Indian Army begins work on GOCO Model"},"content":{"rendered":"\n<p><strong>News:<\/strong>Indian Army has began its work on the GOCO (Government Owned Contractor Operated) Model.<br><\/p>\n\n\n\n<p><strong>Facts:<\/strong><br><\/p>\n\n\n\n<p><strong>About GOCO Model:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The GOCO model was one of the recommendations of the Lt. Gen. DB Shekatkar (Retd.) committee to enhance combat capability and re-balancing defence expenditure.<\/li><li>In GOCO model, the assets owned by government will be operated by the private industries.<\/li><li>The Private companies need not make investments on land, machinery and other support systems.<\/li><li>The missions are set by government and the private sectors are given full independence in implementing the missions using their best practices.<\/li><\/ul>\n\n\n\n<p><strong>Significance of the model:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The main advantage of the model is that the targets are achieved in lesser time frame.<\/li><li>It will also boost the competitiveness among the private entities.<\/li><li>It also helps in reducing government expenditure on armed forces and increase combat capability of the army.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News:Indian Army has began its work on the GOCO (Government Owned Contractor Operated) Model. Facts: About GOCO Model: The GOCO model was one of the recommendations of the Lt. Gen. DB Shekatkar (Retd.) committee to enhance combat capability and re-balancing defence expenditure. In GOCO model, the assets owned by government will be operated by the&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/indian-army-begins-work-on-goco-model\/\">Continue reading <span class=\"screen-reader-text\">Indian Army begins work on GOCO Model<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1760],"tags":[6834,2387],"class_list":["post-89390","post","type-post","status-publish","format-standard","hentry","category-polity-and-nation","tag-goco-model","tag-indian-army","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704812517},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/89390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=89390"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/89390\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=89390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=89390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=89390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}