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DAC Clears Proposal Worth Rs 15,935 Crore

The Defence Acquisition Council (DAC), chaired by Raksha Mantri Smt Nirmala Sitharaman, met today and accorded approval to Capital Acquisition Proposals of the Services valued at approximately Rs 15,935 crore.These included procurement of essential quantity of Light Machine Guns for the three Services through the Fast Track Procedure at an estimated cost of over Rs 1,819 crore.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. While these high precision weapons will be bought with ‘Buy Global’ categorisation, 

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