Defence acquisition proposals valued at ₹70500 cr. Cleared

  • March 17, 2023
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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Defence acquisition proposals valued at ₹70500 cr. Cleared

Subject : Defence

  • The Defence Acquisition Council is the highest decision-making body in the Defence Ministry for deciding on new policies and capital acquisitions for the three services (Army, Navy and Air Force) and the Indian Coast Guard.
  • The Minister of Defence is the Chairman of the Council.
  • The objective of the Defence Acquisition Council is to ensure expeditious procurement of the approved requirements of the Armed Forces in terms of capabilities sought, and time frame prescribed, by optimally utilizing the allocated budgetary resources.
Defence Defence acquisition proposals valued at ₹70500 cr. Cleared