CURRENT AFFAIRS

Detailed explanation-1: -A meeting of Defence Acquisition Council (DAC), held on January 10, 2023 under the chairmanship of Raksha Mantri Shri Rajnath Singh, accorded Acceptance of Necessity (AoN) for three capital acquisition proposals, amounting to Rs 4, 276 crore.

Detailed explanation-2: -The DAC has approved the AoNs for the Indian Army to get equipment and platforms including the long awaited FICV, Mounted Gun systems (MGS), Light Tanks that are required to be deployed in difficult terrain in the Western sector. These platforms and equipment are expected to help the Army’s operational preparedness.

Detailed explanation-3: -The procurement proposals were cleared by the Defence Acquisition Council (DAC) headed by Defence Minister Rajnath Singh.

Detailed explanation-4: -The Defence Procurement Procedure (DPP) was first initiated in 2002 to streamline the procurement of military hardware for the Armed Forces in a systematic and time-bound manner.

Detailed explanation-5: -The defence ministry said the DAC accorded approval for 24 capital acquisition proposals which include six for Indian Army, six for Indian Air Force, 10 for the Indian Navy and two for Indian Coast Guard, adding the total value of the procurement would be Rs 84, 328 crore.