Updated By: LatestGKGS Desk
The Defence Acquisition Council (DAC) has approved a proposal to procure modern weapons for Indian Armed Forces on 13th February 2018.
The DAC chaired by Defence Minister Nirmala Sitharaman has granted the capital acquisition proposals which valued approximately at Rs 15,935 crore.
According to a Defence Ministry, procurement of LMGs will be procured for the armed forces through the Fast Track Procedure at an estimated cost of over Rs 1819 crores in order to meet the operational requirement of the troops deployed on the borders.
The DAC has accorded procurement of 7.4 lakh Assault Rifles for all the three services at an estimated cost of Rs 12,280 crores.These rifles, with a different specification from the assault rifles for the borders being bought globally, will be ‘Made in India’ under the categorisation of ‘Buy and Make (Indian)’, through both Ordnance Factory Board and Private Industry.
The DAC has also approved procurement of 5,719 Sniper Rifles for the Indian Army and Indian Air Force at an estimated cost of Rs 982 crores. These high-precision weapons will be bought with ‘Buy Global’ categorisation, their ammunition will be initially procured and subsequently manufactured in India.
The DAC has also granted approval for the procurement of Advanced Torpedo Decoy Systems (ATDS) for the Indian Navy. The ‘Mareech’ system, which has been developed indigenously by DRDO and has successfully completed extensive trial evaluations, will be produced by Bharat Electronics Limited, Bangalore at an estimated cost of Rs 850 crore.
The approval of the proposals came in a wake of increasing hostilities by Pakistan along the Line of Control in Jammu and Kashmir as well as China's aggressive posturing in several sectors along the border.
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