DAC approves Rs. 9,435-crore procurement proposals for three services

The Defence Acquisition Council (DAC) chaired by Defence Minister Nirmala Sitharaman has approved various procurement proposals for three services estimated at about Rs. 9,435 crore. The proposals includes purchase of 41,000 light machine guns (LMGs) and over 3.5 lakh close ..

Month: Current Affairs - March, 2018

Maharashtra’s tableau wins best tableau award at 69th Republic Day Parade 2018

Maharashtra’s tableau titled “Chhatrapati Shivaji Maharaj coronation” has won the best tableau award at the 69th Republic Day Parade 2018. Assam’s tableau depicting traditional “masks and sastras” bagged the second prize. The third prize went to Chhattisgarh’s display of Ramgarh’s ..

DAC clears procurements of assault rifles and carbines

The Defence Acquisition Council (DAC) chaired by Union Defence Minister Nirmala Sitharaman has cleared procurement proposal of 72,400 assault rifles and 93,895 carbines on fast track basis for Rs 3,547 crore. DAC also simplified ‘Make II’ procedure which prescribes guidelines ..

Month: Current Affairs - January, 2018

Nirmala Sitharaman launches a new start-up incubation centre CEOL

Nirmala Sitharaman, the Union Defence Minister, has launched a new state-of-the-art incubation centre “Centre for Entrepreneurship Opportunities and Learning (CEOL)” at Mallikatta in Mangaluru, Karnataka on December 29, 2017. The aim of CEOL is to nurture talent, foster the spirit ..

90th AGM of Federation of Indian Chamber of Commerce and Industry (FICCI)

The 90th edition of Annual General Meeting (AGM) of Federation of Indian Chamber of Commerce and Industry (FICCI) has started in New Delhi, which was addressed by Prime Minister Narendra Modi on December 13, 2017. It was the Mr Modi’s ..

Nirmala Sitharaman elected new President of Institute for Defence Studies and Analysis (IDSA)

Nirmala Sitharaman, the Union Defence Minister, has been elected as the new President of the Institute for Defence Studies and Analysis (IDSA). The IDSA was set up in 1965 by the Ministry of Defence (MoD) as an autonomous think tank, ..