New Delhi: Amid rising tensions along the northern borders, the defence minister Rajnath Singh-headed Defence Acquisition Council, on Wednesday, delegated powers for progressing urgent capital acquisition cases upto ₹300 crore to the armed forces to meet their emergent operational requirements.
The move would shrink the procurement timelines and ensure placement of orders within six months and commencement of deliveries within one year.
“Considering the security environment due to prevailing situation along the northern borders and the need to strengthen the armed forces for the defence of our borders, a special meeting of the Defence Acquisition Council was convened on July 15 under the chairmanship of the defence minister, Rajnath Singh,” a defence official aid.
Last month, the government had given the three services special financial powers of up to ₹500 crore per procurement project empowering them to buy any ammunition and weapon amid the escalating standoff along the line of actual control in eastern Ladakh with China.
The special financial power was granted to the defence forces to procure weapons and military hardware at short notice and boost their operational preparedness for any future conflict or contingency.
