Centre extends emergency procurement powers of defence forces

Centre extends emergency procurement powers of defence forces

Daily Current Affairs   /   Centre extends emergency procurement powers of defence forces

Change Language English Hindi

Category : Defense Published on: April 08 2023

Share on facebook
  • The defence forces have been given another six months to complete their pending acquisitions to buy weapons for the China border to further strengthen the preparedness of the forces.
  • The window of the emergency acquisition powers has been extended by another six months.
  • Under the emergency powers, the government had made it mandatory that forces could buy equipment under 'Make in India' only with a minimum of 60 per cent indigenous content.
  • The powers, which were first granted to defence forces post-Uri surgical strikes in 2016 during heightened tensions with Pakistan, have been helpful in tackling the military standoff with China going on since May 2020.
  • The defence forces have strengthened their preparedness through these acquisitions as the Indian Air Force and the Army received ‘Heron’ unmanned aerial vehicles which have now been deployed for surveillance in Ladakh as well as in the northeast for keeping an eye on Chinese activities.
Recent Post's
  • Axis Bank re-appoints Amitabh Chaudhry as MD & CEO for an additional three-year term.

    Read More....
  • The commencement of the first-ever Hindi radio broadcast in Kuwait fosters stronger ties between the two nations.

    Read More....
  • Yuvraj Singh appointed as the ambassador for the ICC Men's T20 World Cup 2024.

    Read More....
  • The Indian government permits the export of 99,150 metric tons of onions to six countries, including Bangladesh, UAE, Bhutan, Bahrain, Mauritius, and Sri Lanka.

    Read More....
  • Yakshagana maestro Subrahmanya Dhareshwar, aged 67, passes away.

    Read More....
  • Arun Alagappan assumes the role of Executive Chairman at Coromandel International Ltd., marking a significant appointment in the company's leadership.

    Read More....
  • The government has approved a one-year extension for T. Rabi Sankar as Deputy Governor of the Reserve Bank of India.

    Read More....
  • Sana Mir appointed as the ambassador of the ICC Women's T20 World Cup Qualifier, highlighting her influential role in promoting women's cricket globally.

    Read More....
  • The Indian Air Force conducts its inaugural Investiture Ceremony at the National War Memorial Complex, marking a historic event in its traditions.

    Read More....
  • The Reserve Bank of India initiates an open-on-tap licensing process for Small Finance Banks (SFBs), aiming to facilitate the establishment of more such banks in the country.

    Read More....