Defence Acquisition Council clears proposals worth Rs 1,900 crore

Posted on:30 Sep 2016 18:10:23
Defence Acquisition Council clears proposals worth Rs 1,900 crore
30 September 2016 Current Affairs: The Defence Acquisition Council (DAC) has cleared proposals worth 1,900 crore rupees (close to $3 billion). All these approved proposals will be executed under ‘Buy India’ by Indian contractors. Decision in this regard was taken by DAC meeting chaired by Union Defence Minister Manohar Parrikar in New Delhi.

Weapons repair facility at Port Blair at a cost of Rs 450 crore. Anti-tank guided missiles for training purpose of the army. It is worth of 405 crore rupees. 

Electronic warfare system for low intensity conflict in Jammu and Kashmir. It is worth of 330 crore rupees. Mumbai based Defence shipyard Mazagon Dock will get a repair facility for Scorpene submarines at cost of Rs 725 crore. The dock is constructing six Scorpene submarines for Indian Navy.

It is an apex body of Union Defence Ministry for clearing defence procurement proposals forwarded by the Indian Army, Navy and Air Force.

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