May 24, 2024 09:13 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Thane fire update: 7 killed, 40 injured in explosion fire at chemical factory | 'Surrender or face my anger': HD Deve Gowda's stern warning to grandson Prajwal Revanna | Over 300 Indians, who were scammed into working as 'cyber slaves' in Cambodia, returns | Massive explosion at a factory in Thane, 20 evacuated | Mamata govt promoting Muslim League's agenda: BJP president JP Nadda after Calcutta HC's 'OBC quota' verdict
Aatmanirbhar Bharat: Defence Acquisition Council, headed by Rajnath Singh, clears proposals worth Rs 76,390 crore
Rajnath Singh
Image Credit: PIB

Aatmanirbhar Bharat: Defence Acquisition Council, headed by Rajnath Singh, clears proposals worth Rs 76,390 crore

| @indiablooms | 06 Jun 2022, 07:09 pm

New Delhi: Following Prime Minister Narendra Modi’s clarion call for ‘Aatmanirbharta’, Defence Acquisition Council (DAC), in a meeting chaired by Defence Minister Rajnath Singh on Monday, accorded Acceptance of Necessity (AoN) for Capital Acquisition Proposals of the Armed Forces amounting to Rs 76,390 crore under ‘Buy (Indian)’, ‘Buy & Make (Indian)’ and ‘Buy (Indian-IDDM)’ categories.

This will provide a substantial boost to the Indian Defence Industry and reduce foreign spending significantly.

For the Indian Army, the DAC accorded fresh AoNs for procurement of Rough Terrain Fork Lift Trucks (RTFLTs), Bridge Laying Tanks (BLTs), Wheeled Armoured Fighting Vehicles (Wh AFVs) with Anti-Tank Guided Missiles (ATGMs) and Weapon Locating Radars (WLRs) through domestic sources with emphasis on indigenous design and development, read a government statement.

For the Indian Navy, the DAC accorded AoN for procurement of Next Generation Corvettes (NGC) at an estimated cost of approx. Rs 36,000 crore.

These NGCs will be versatile platforms for variety of roles viz. surveillance missions, escort operations, deterrence, Surface Action Group (SAG) operations, Search & Attack and Coastal Defence.

These NGCs would be constructed based on new in-house design of Indian Navy using latest technology of ship building and would contribute to further the Government’s initiative of SAGAR (Security and Growth for all in the Region).

The DAC accorded AoNs for manufacture of Dornier Aircrafts and Su-30 MKI aero-engines by the Navratna CPSE M/s Hindustan Aeronautics Limited with focus on enhancing indigenisation particularly in indigenising aero-engine material.

In pursuance of the Government’s vision for digital transformation in Defence, ‘Digital Coast Guard’ project under ‘Buy (Indian) Category has been approved by the DAC. Under this project, a pan India secure network for digitising of various surface and aviation operations, logistics, finance and HR processes in Coast Guard will be established.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.