DAC approves acquisition of defence equipment worth Rs 2700 crore

DAC approves acquisition of defence equipment worth Rs 2700 crore

Question: Name the organization which gave the approval for acquisition of Defence Equipment worth Rs 2700 Crore?
(a) DAC (Defence Acquisition Council)
(b) EAC (Economic Advisory Council)
(c) NIA (National Investigation Agency)
(d) NAC (National Advisory Council)
Answer: (a)
Related facts:

  • In the meeting held on 27th February, 2019, the Defence Acquisition Council (DAC) gave approval for the acquisition of Defence Equipment worth Rs 2700 Crore. The meeting was chaired by Defence Minister Nirmala Sitharaman.
  • The DAC approved the procurement of three cadet training ships for the Indian Navy. The ships would be used to provide basic sea training for officer cadets, including women officer trainees.
  • The objective of the Defence Acquisition Council is to ensure expeditious procurement of the requirements of the armed forces by optimally utilizing the allocated budgetary resources.
  • The vessels would also be capable of undertaking hospital ship duties, providing humanitarian assistance and disaster relief, besides search and rescue missions and non-combatant evacuation operations.

Abhinav Mishra

Links:
https://www.business-standard.com/article/news-ani/dac-approves-acquisition-of-defence-equipment-worth-rs-2700-crore-119022700665_1.html
http://pib.nic.in/newsite/PrintRelease.aspx?relid=188972