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Emergency Procurement of Armed Forces
Why is it in news?
- Defence Acquisition Council gave emergency power to armed forces to procure weapons systems up to cost of Rs. 300 crores on urgent basis.
Details:
- This is second time armed forces have been given such power. First time it was given after Blakot air strike in February 2019.
- This will shrink the procurement timelines and ensure placement of orders within six months and commencement of deliveries within one year.
About Defence Acquisition Council:
- Objective: To ensure expeditious procurement of the approved requirements of the Armed Forces in terms of capabilities sought, and time frame prescribed, by optimally utilizing the allocated budgetary resources.
- Chairman: Defence Minister.