26
Dec
In a step to enhance the operational capabilities of the military and also the Indian Coast Guard in future, the Defence Acquisition Council (DAC), headed by Defence Minister Rajnath Singh accorded approval for Acceptance inevitably (AoN) for twenty-four Capital Acquisition Proposals. These proposals embody six for the Indian Army, six for the Indian Air Force, ten for the Indian Navy and 2 for the Indian Coast Guard for a complete worth of Rs 84,328 crore.It is pertinent to say that twenty one proposals, value Rs 82,127 crore (97.4%), are approved for procural from indigenous sources. This new initiative of DAC…