Indian Armed forces get powers to buy critical weapons upto Rs 500 cr per acquisition
Team Udayavani, Jun 21, 2020, 6:54 PM IST
New Delhi: The Centre has granted financial powers to Indian armed forces for the acquisition of critical ammunition and weapons, upto Rs 500 crore per project under an emergency requirement procedure.
This development comes amid ongoing border dispute with China at LAC.
Under the project, the defence forces, in consultation with the Department of Military Affairs, can go in for buying any weapon which they feel would be required for war-fighting or are short of in their inventory,” the sources said.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
BJP misusing agencies to subvert democracy, belittle Constitution: Kharge
Fresh I-T notices to Cong: Party to hold nationwide protests over weekend against ‘tax terrorism’
Rahul, Kharge, Pawar, Akhilesh among INDIA bloc leaders to join AAP rally at Ramleela ground
No rebellion, but there can be friendly fights: Pappu Yadav
225 sitting Lok Sabha MPs face criminal charges; 5% billionaires
MUST WATCH
Latest Additions
BJP misusing agencies to subvert democracy, belittle Constitution: Kharge
Fresh I-T notices to Cong: Party to hold nationwide protests over weekend against ‘tax terrorism’
Rahul, Kharge, Pawar, Akhilesh among INDIA bloc leaders to join AAP rally at Ramleela ground
No rebellion, but there can be friendly fights: Pappu Yadav
Only Modi & Shah can solve all problems at national level: ex-PM Deve Gowda