i.87% (Rs. 11,486 crores) of the Rs. 13,165 crores were approved for domestic procurement to boost ‘Make in India’ in the Defence Sector.
ii.The Capital Acquisition includes the purchase of Helicopters, Rockets & guided munitions for the use of Indian Army, Navy & Air Force.
iii.DAC made amendments to the Defence Acquisition Procedure (DAP) 2020, to increase the ease of doing business in the defence sector. .
Notable Approvals:
- Hindustan Aeronautics Limited (HAL) to manufacture 25 Advanced Light Helicopters (ALH) Mark III helicopters for the Indian Army at an approx cost of Rs. 3,850 crores.
- Terminally Guided Munition (TGM) and HEPF/RHE Rocket Ammunition to be procured at a cost of Rs. 4,962 crores from Indian defence manufacturers.
Recent Related News:
In June 2021, the Defence Acquisition Council (DAC) approved Request For Proposal (RFP) for construction of 6 Conventional Submarines at a cost of Rs. 43,000 crores and allocated Rs. 6,000 crores for modernisation of Indian Army’s Air Defence Guns.
About Ministry of Defence:
Union Minister – Rajnath Singh (Lucknow, Uttar Pradesh)
Minister of State – Ajay Bhatt (Nainital-Udhamsingh Nagar, Uttarakhand)