DAC clears capital acquisition proposals worth Rs 84,560 crore
The Defence Acquisition Council (DAC), under the chairmanship of defence minister Rajnath Singh, accorded approval for Acceptance of Necessity (AoNs) for various capital acquisition proposals amounting to Rs 84,560 crore. In the true spirit of ‘Aatmanirbharta’, the approvals accorded on February 16, 2024 lay special emphasis on procurement of various equipment from Indian vendors.