03 January 2018 Current Affairs: Prime Minister Narendra Modi led central government right from the day one of its rules taken various initiatives, decisions that have anonymously strengthened our country’s defense sector.
Notably, Defence Minister Nirmala Sitharaman cleared two procurement proposals in a bid to strengthen armed forces.
The first proposal was related to procurement of 240 bombs, at a cost of Rs. 1254 cr. from M/s JSC Rosonboron Exports, Russia.
These bombs fall under the category of Precision Guided Munitions, are used by Indian Air Force (IAF).
This procurement will address the deficiency of Precision Guided Munitions in the IAF arsenal, besides enhancing the offensive capabilities of the IAF.