The Defence Acquisition Council (DAC), the defence ministry’s apex procurement body chaired by Defence Minister Rajnath Singh, on Monday green-lighted armed forces capital acquisition proposals for the military amounting to Rs 76,390 crore.
The ministry has announced that the clearance is under the high-priority categories of ‘Buy (Indian)’, ‘Buy & Make (Indian)’ and ‘Buy (Indian - Indian Designed, Developed, and Manufactured),’ or ‘Buy Indian (IDDM)”. “This will provide a substantial boost to the Indian defence industry and reduce foreign spending significantly,” stated the ministry.
While that is true, it is noteworthy that the ministry has only accorded “Acceptance of Necessity”