Defence acquisition council clears proposals worth Rs 1,900 cr | Current Affairs, Current Affairs 2017

Defence acquisition council clears proposals worth Rs 1,900 cr

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Defence acquisition council clears proposals worth Rs 1,900 crThe Defence Acquisition Council, chaired by Defence Minister Manohar Parrikar, on Wednesday cleared proposals worth Rs 1,900 crore (close to $3 billion), including for an electronic warfare system for low intensity conflict in Jammu and Kashmir.

The electronic warfare system is worth Rs 330 crore, an official said.

The council has also cleared proposal to buy Rs 405 crore worth of anti tank guided missiles for training purpose of the army.

The naval dockyard at Mumbai will get a repair facility for Scorpene submarines at the cost of Rs 725 crore. Defence shipyard Mazagon Dock is constructing six Scorpene submarines for Indian Navy.

The DAC has also approved a weapons repair facility at Port Blair at a cost of Rs 450 crore. All these approved proposals will be executed under ‘Buy India’ by Indian contractors.

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