DAC Clears Rs 3.60 Lakh Crore Defence Deals for Indian Military Modernization
Defence Acquisition Council approves major procurement proposals to boost India's military capabilities.
Source: GNews Indian MilitaryThe Defence Acquisition Council (DAC) has approved defence deals worth Rs 3.60 lakh crore. This significant decision aims to modernize the Indian military and enhance its self-reliance in defence manufacturing. The proposals include various platforms and systems, focusing on indigenous production under the 'Make in India' initiative. This move is expected to strengthen India's defence capabilities and reduce dependence on foreign suppliers. The approval marks a major step towards achieving the goal of 'Atmanirbhar Bharat' (self-reliant India) in the defence sector.
- The Defence Acquisition Council (DAC) approved defence deals totaling Rs 3.60 lakh crore.
- This procurement is aimed at modernizing the Indian Armed Forces.
- The deals emphasize indigenous manufacturing under the 'Make in India' initiative.
- The approval supports the 'Atmanirbhar Bharat' vision for defence self-reliance.
- The proposals cover a wide range of defence platforms and systems.
The highest decision-making body in the Indian Ministry of Defence for capital acquisitions. It was formed in 2001 to ensure expeditious procurement of approved requirements of the Armed Forces in terms of capabilities and timeframes.
A major national program launched in 2014 by the Government of India to encourage companies to manufacture their products in India and incentivize investment into manufacturing. It aims to boost the manufacturing sector and create jobs.
A vision announced by the Prime Minister of India in 2020 for making India a self-reliant nation. It focuses on five pillars: Economy, Infrastructure, System, Demography, and Demand, with a strong emphasis on local manufacturing and global integration.
Exams often test on key government bodies like the DAC, major defence initiatives like 'Make in India' and 'Atmanirbhar Bharat', and significant defence procurement figures.
Remember DAC for Defence Acquisition Council, it's the 'Deal Approving Committee' for military purchases, focusing on 'Make in India'.