Centre okays capital acquisition proposals worth Rs 1.10 lakh crore for defence forces

New Delhi: Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, on Monday approved capital acquisition proposals worth nearly Rs 1.10 lakh crore for the Indian armed forces. The DAC accorded Acceptance of Necessity (AoN), or in-principle administrative approval, to various acquisition proposals of the defence forces. Of the total AoNs accorded, [...]