DAC approves procurement of 111 utility helicopters for Indian Navy

Defence Acquisition Council (DAC) chaired by Defence Minister Nirmala Sitharaman has approved procurement of 111 utility helicopters for Indian Navy at cost of over Rs 21,000 crore. DAC is Union Defence Ministry’s highest decision making body on capital procurement of ..

Month: Current Affairs - August, 2018

DAC approves procurement of six Next Generation Offshore Patrol Vessels

Defence Acquisition Council (DAC) chaired by Defence Minister Nirmala Sitharaman approved procurement of six indigenously designed and manufactured Next Generation Offshore Patrol Vessels (NGOPVs) for Indian Navy. DAC is Defence Ministry’s highest decision-making body on capital procurement of Indian Armed ..

Month: Current Affairs - August, 2018

Union Government constitutes Group of Ministers (GoM) to look into issues related to the proposed mega free trade agreement Regional Comprehensive Economic Partnership

The Union government has constituted a 4-member Group of Ministers (GoM), headed by the Union Minister of Commerce and Industry Suresh Prabhu, to look into issues related to the proposed mega free trade agreement Regional Comprehensive Economic Partnership (RCEP). The ..

DAC approves implementation of Strategic Partnership guidelines

Defence Acquisition Council (DAC) chaired by Union Defence Minister Nirmala Sitharaman has approved implementation of Strategic Partnership guidelines. It is considered as major step towards boosting private sector participation in domestic defence manufacturing. The policy had come into effect in ..

Month: Current Affairs - July, 2018

DAC approves acquisition of 8 Fast Patrol Vessels for Coast Guard

Defence Acquisition Council (DAC) chaired by Defence Minister Nirmala Sitharaman approval proposal for acquisition of 8 Fast Patrol Vessels (FPVs) for Indian Coast Guard at an approximate cost of Rs 800 crore. It also approved platform specific guidelines for procurement ..

Month: Current Affairs - July, 2018

New Delhi hosts 2018 Unified Commanders’ Conference (UCC) to review country’s security preparedness

The Unified Commanders’ Conference (UCC) for the year 2018 has started at New Delhi on July 30 to review external security challenges as well as the country’s preparedness. The 2-day annual conference will provide a platform for discussions at the ..