Defence Acquisition Procedure Current Affairs, GK & News

Defence Acquisition Council approves Rs 2,900 crores

September 29, 2020

On September 28, 2020, the Defence Acquisition Council approved Rs 2,900 crores for the acquisition of Indian Defence Equipment. Highlights The procurement includes 72,000 assault rifles from the United States. It also includes procurement of domestic and foreign vendors. The other procurement under the approval includes Smart Anti Airfield Weapon and Static High Frequency Trans-receiver ..

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Defence Minister releases new Defence Acquisition Procedure

September 28, 2020

On September 28, 2020, the Defence Minister Raj Nath Singh released a new Defence Acquisition Procedure, 2020. It has special incentives for products that are designed and developed by Indian vendors. Also, the procedure includes manufacturing category that encourages foreign investors and manufacturers to set up manufacturing facilities in the country. Key Highlights The Defence ..

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Second draft of Defence Acquisition Procedure 2020 placed in public domain for suggestions

July 31, 2020

The second draft of the Defence Procurement Procedure (DPP), titled as ‘Defence Acquisition Procedure 2020’ has been uploaded by the Ministry of Defence, Government of India, for inviting suggestions and comments from the various stakeholders and general public. Background The first draft of the DPP was published in April 2020 and then the deadline for ..

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