01 March 2018 Current Affairs: The Defence Acquisition Council (DAC) chaired by Defence Minister Nirmala Sitharaman has approved various procurement proposals for three services estimated at about Rs. 9,435 crore.
The proposals include the purchase of 41,000 light machine guns (LMGs) and over 3.5 lakh close quarter battle (CQB).
LMGs and CQB carbines: The carbines will be procured at cost of Rs. 4,607 crore and LMGs Rs. 3,000 crore.