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Defence Acquisition Council Clears Over ₹84,000 Crore Proposals

Defence Acquisition Council Clears Over ₹84,000 Crore Proposals

Defence Acquisition Council Clears Over ₹84,000 Crore Proposals: In a step to augment the operational capabilities of the Armed Forces and the Indian Coast Guard in future, the Defence Acquisition Council (DAC), headed by Defence Minister Rajnath Singh accorded approval for Acceptance of Necessity (AoN) for 24 Capital Acquisition Proposals. These bids total Rs 84,328 crore and include six for the Indian Army, six for the Indian Air Force, ten for the Indian Navy, and two for the Indian Coast Guard.

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A Boost To Made In India: Aatmanirbhar Bharat Concept:

It is important to note that 21 proposals totaling Rs 82,127 crore (97.4%) have been accepted for procurement from domestic sources. This unprecedented initiative of DAC will not only modernise the Armed Forces but also provide a substantial boost to the defence industry to achieve the goal of ‘Aatmanirbhar Bharat’.

About The Capital Procurement For The Defence Forces:

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