DEFENCE ACQUISITION COUNCIL (DAC) CLEARS PROCUREMENT WORTH 1,850 CR

the DAC, chaired by Defence Misniter Nirmala sitharaman, accorded approval to Capital Acquisition proposals of the services valued at over 1,850 crore on february 20. this includes procurement of one survey training Vessel for meeting the Navy’s growing ‘hydrographic survey’ needs in ports, harbours, eeZ, etc. the construction of the vessel is to be undertaken under Buy (Indian-IDDM) by Indian shipyards at an estimated cost of rs 626 crore; and procurement of essential quantity of Infantry Combat Vehicle (BMps2/2k) for Mechanised Infantry and other Arms and services.