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Friday, November 22 2024 | 09:46:42 PM
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DAC Greenlights ₹1.45 Lakh Crore in Defence Capital Acquisitions

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The Defence Acquisition Council (DAC), under the chairmanship of Raksha Mantri Shri Rajnath Singh on September 03, 2024, accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to Rs 1,44,716 crore. Of the total cost of AoNs, 99% is from indigenous sources under Buy (Indian) and Buy (lndian-Indigenously Designed Developed and Manufactured) categories.

For modernisation of the tank fleet of the Indian Army, the proposal for procurement of Future Ready Combat Vehicles (FRCVs) has been cleared. The FRCV will be a futuristic Main Battle Tank with superior mobility, all terrain ability, multilayered protections, precision & lethal fires over and real-time situational awareness.

The AoN was also accorded for procurement of Air Defence Fire Control Radars, which will detect & track aerial target and provide firing solution. The proposal has also been approved for Forward Repair Team (Tracked) which has suitable cross country mobility for carrying out in-situ repair during mechanised operations. This equipment is designed & developed by Armoured Vehicles Nigam Limited, and is authorised for both mechanised Infantry Battalion and Armoured Regiment.

Three AoNs have been accorded to enhance the capabilities of the Indian Coast Guard (ICG). The procurement of Dornier-228 aircraft, Next Generation Fast Patrol Vessels having high operational features in rough weather conditions and Next Generation Offshore Patrol Vessels with advanced technology and enhanced long-range operations, will enhance the capability of ICG to carry out surveillance, patrolling of maritime zone, search & rescue and disaster relief operations.

Towards the end of the meeting, the Raksha Mantri took a moment to honour late Indian Coast Guard (ICG) DG Rakesh Pal, who was also a member of DAC. The DG passed away due to a heart attack in Chennai on August 18, 2024. Shri Rajnath Singh highlighted DG Rakesh Pal’s remarkable contributions to the growth and expansion of ICG. He conveyed heartfelt condolences, prayers and unwavering support on behalf of the Ministry of Defence to the bereaved family. In a solemn tribute, all members of DAC then stood up to observe a moment of silence, paying their respects to late DG Rakesh Pal whose legacy will continue to inspire.

मित्रों,
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