INDIA
The Defence Ministry today cleared a proposal to buy 7.40 lakh assault rifles at a cost of Rs 12,280 crore for the three services, officials said.
In a major decision, the Defence Ministry today approved capital acquisition proposals worth Rs 15,935 crore which included purchase of 7.40 lakh assault rifles, 5,719 sniper rifles and light machine guns to bolster the strength of the armed forces.
The long-pending proposals were cleared at a meeting of the Defence Acquisition Council (DAC), the defence ministry's highest decision-making body on procurement.
The approval to the proposals come amid increasing hostilities by Pakistan along the Line of Control in Jammu and Kashmir as well as China's aggressive posturing in several sectors along the nearly 4,000-km-long Sino-India border.
The defence ministry said the DAC chaired by Defence Minister Nirmala Sitharaman cleared capital acquisition proposals which were valued at Rs 15,935 crore.
It said the DAC accorded approval for procurement of 7.4 lakh assault rifles for the three services at an estimated cost of Rs 12,280 crore.
The rifles will be produced in in India under the 'Buy and Make (Indian)' category through both state-run Ordnance Factory Board and private sector.
In a statement, the ministry said "essential quantity" of Light Machine Guns (LMGs) will be through the "fast track" route at an estimated cost of over Rs 1,819 crore, primarily to meet the operational requirement of the troops deployed on the borders.
"A concurrent proposal is being processed for the balance quantity to be procured under the 'Buy and Make (Indian)' categorisation," the ministry said.
In the last one month, the DAC has fast tracked procurement of rifles, carbines and LMGs to equip the soldiers on the border with modern and more effective equipment.
The DAC also approved procurement of 5,719 sniper rifles for the Indian Army and Indian Air Force at an estimated cost of Rs 982 crore, the ministry said.
The sniper rifles will be bought under the 'Buy Global' category, the ammunition for these weapons will be initially procured and subsequently manufactured in India.
The ministry said to enhance the anti-submarine warfare capabilities of Indian Navy, the DAC also approved the procurement of Advanced Torpedo Decoy Systems (ATDS) for the Indian Navy at a cost of Rs 850 crore.
The 'Mareech' system has been developed indigenously by Defence Research and Development Organisation and has successfully completed extensive trial evaluations.
"The 'Mareech' systems will be produced by Bharat Electronics Limited, Bengaluru at an estimated cost of Rs 850 crore," the ministry said.
Saudi, Iran: Cautious dance toward détente?
Jaw-dropping! Man wraps massive green anaconda around his shoulders, internet says...
Donald Trump plans to end Russia-Ukraine war with THIS move, is expected to 'soon' appoint...
As pollution worsens in Delhi with AQI at 'severe' level, experts at COP29 urge India to...
SDM Assault Case: 60 people arrested in Rajasthan's Tonk
Veg thali cost more than non-veg thali in October, here's why
Land drug trafficking patterns in North-Eastern Region
Shillong Teer Result November 14, 2024: Know updates on lucky winning numbers
Mukesh Ambani's SUPERHIT offer for Jio users: Get unlimited validity for 84 days at just Rs...
Delhi air quality dips to 'severe' category as AQI nears dangerous...
Bigg Boss OTT-fame Bhojpuri actress Akshara Singh receives extortion threat
‘All I do is…’: After Arjun Kapoor confirms breakup with Malaika Arora, her cryptic video goes viral
World Diabetes Day 2024: Types, causes, precaution to avoid this chronic disease
Children's Day 2024: 50 WhatsApp wishes, messages, quotes to share on bal diwas
AUS vs PAK Live Streaming: When and where to watch Australia vs Pakistan 1st T20I live in India?
IND vs SA: Ramandeep Singh achieves THIS feat on T20I debut, joins Suryakumar Yadav in elite list
Meet man who used to earn just Rs 65, now heads Rs 23416 crore company, he is…
DNA TV Show: Arsh Dalla, Khalistani terrorist, arrested in Canada
Pushpa 2 first review: Rashmika Mandanna says Allu Arjun movie is 'freaking amazing'
SA vs IND: Tilak Varma scripts history with maiden century in 3rd T20I against South Africa
Delhi becomes world's most polluted city, overtakes Pakistan's Lahore, AQI recorded at...
Last Supermoon of 2024: Know when and how to watch it and other details here
Noida man arrested for creating ‘cannabis nursery’ inside house after being inspired by…
Actor John Krasinski named 'Sexiest Man Alive 2024' by People magazine
Meet outsider who worked in bank for eight years, became OTT star, will now star opposite Kajol in..
What is wedding invitation scam, how to protect yourself from it?
Arjun Tendulkar achieves rare feat which father Sachin Tendulkar never did in his 25-year career
Mukesh Ambani suffers Rs 12548 crore loss after buying Star from Disney, here's how
Ananya Panday sets Instagram on fire in sizzling bikini; BFF Suhana Khan, mom Bhavana Pandey react
International Trade Fair 2024 in Delhi from Nov 14: Know ticket price, timings, venue and more
SA vs IND: Varun Chakravarthy eyes Ravichandran Ashwin's all-time India record in T20Is
This govt company sold Rs 28880000000 shares of Ratan Tata firm, reduces its holding to...
Delhi Air Pollution: AQI hits 'Severe' category, record high in India today with 418
Tesla CEO Elon Musk spreading misinformation on X? His own AI model says...
Independent candidate slaps SDM outside booth during Rajasthan bypolls, watch video here
Viral video: Vistara crew bids emotional farewell on last flight before merger with Air India, watch
NBR Group Redefines Luxury Living With New Brand Identity, Tagline, and Logo
Resham Kamboj: Empowering Souls and Financial Freedom Through Spiritual Mentorship
NTPC Green Energy Rs 10000 crore IPO: Check subscription date, price band, lot size and more
India’s first hydrogen train to start trials soon: Check route, features, top speed to be…
Tejasvi Jaiswal's selfless sacrifice for brother Yashasvi Jaiswal rewarded with life's greatest gift
Mukesh Ambani, Isha Ambani to shut down these outlets under Reliance Retail due to...
Watch viral video: This MP stole Bill and ran away with intention to...
US comedian's hilarious imitation of Donald Trump goes viral, watch video here
Jharkhand Assembly Elections 2024: CSK legend MS Dhoni and wife Sakshi cast vote in Ranchi - Watch
LoP Rahul Gandhi rides Kerala's longest zipline in Wayanad to boost tourism after landslides; watch
Nita Ambani stuns in floral ensemble as she poses with Anupam Kher at NMACC