India News | DAC Approves 10 Capital Acquisition Proposals Worth Rs 1.45 Lakh Crore to Enhance Defence Preparedness
Get latest articles and stories on India at LatestLY. The Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh on Tuesday accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to Rs 1,44,716 crore.
New Delhi [India], September 3 (ANI): The Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh on Tuesday accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to Rs 1,44,716 crore.
Of the total cost of AoNs, 99 per cent is from Indigenous sources under the Buy (Indian) and Buy (Indian-Indigenously Designed Developed and Manufactured) categories, the Ministry of Defence stated.
For the modernisation of the tank fleet of the Indian Army, the proposal for procurement of Future Ready Combat Vehicles (FRCVs) has been cleared.
The FRCV will be a futuristic Main Battle Tank with superior mobility, all-terrain ability, multilayered protections, precision and lethal fires over and real-time situational awareness, the release stated.
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The AoN was also accorded for procurement of Air Defence Fire Control Radars, which will detect and track aerial targets and provide firing solutions.
The proposal has also been approved for Forward Repair Team (Tracked) which has suitable cross-country mobility for carrying out in-situ repair during mechanised operations. This equipment is designed and developed by Armoured Vehicles Nigam Limited, and is authorised for both mechanised Infantry Battalion and Armoured Regiment, the Ministry said.
Three AoNs have been accorded to enhance the capabilities of the Indian Coast Guard (ICG). The procurement of Dornier-228 aircraft, Next Generation Fast Patrol Vessels having high operational features in rough weather conditions and Next Generation Offshore Patrol Vessels with advanced technology and enhanced long-range operations, will enhance the capability of ICG to carry out surveillance, patrolling of the maritime zone, search and rescue and disaster relief operations.
Towards the end of the meeting, the Defence Minister took a moment to honour the late Indian Coast Guard (ICG) DG Rakesh Pal, who was also a member of DAC. The DG passed away due to a heart attack in Chennai on August 18, 2024.
Rajnath Singh highlighted DG Rakesh Pal's remarkable contributions to the growth and expansion of ICG.
He conveyed heartfelt condolences, prayers and unwavering support on behalf of the Ministry of Defence to the bereaved family.
In a solemn tribute, all members of DAC then stood up to observe a moment of silence, paying their respects to the late DG Rakesh Pal whose legacy will continue to inspire. (ANI)
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