Defence Ministry entrusts capital procurement powers to Armed Forces

Defence Ministry entrusts capital procurement powers to Armed Forces

  • Defence Acquisition Council (DAC) has entrusted capital procurement powers to Armed Forces.
  • The decision was taken during the Special Meeting of the Defence Acquisition Council held under the chairmanship of Raksha Mantri Rajnath Singh.
  • With this, the Armed Forces will now be able to progress urgent Capital Acquisition Cases upto Rs 300 crores to fulfil their emergent operational requirements.

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