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SOURCE: Times Now 

In a big boost to the Indian Army, the Ministry of Defence on Tuesday granted approval for the acquisition of 118 Arjun Mark 1A tanks for the ground force. The acquisition cost has been pegged at over Rs 6,000 crores. Defence officials were quoted as saying that the 58-tonne weight DRDO-developed tanks would be ready for delivery within 30 months of the contract being signed.

At a meeting of the Defence Acquisition Council today, the MoD also cleared proposals for the acquisition of indigenously-developed Nag anti-tank guided missile and Arudhra medium power radar.

In a release, the government said the DAC today met under the chairmanship of Defence Minister Rajnath Singh and cleared capital acquisition proposals of various weapons/platforms/equipment/systems which are needed by the three arms of the armed forces – the Indian Army, Indian Navy and Indian Air Force.

“Three Acceptance of Necessities (AoNs) for an overall cost of Rs 13,700 crore were accorded. All these AoNs are in the highest priority category of Defence Acquisition viz ‘Buy’ [Indian-IDDM (Indigenously Designed, Developed and Manufactured)].

“All these acquisition proposals will be indigenously designed, developed and manufactured. These will include inter-alia platforms and systems designed and developed by Defence Research and Development Organisation (DRDO),” the release said.

“To meet the Atmanirbhar Bharat goals of the government on time-bound defence procurement process and faster decision-making and to systematically work towards reducing the time taken for capital acquisition, the DAC also approved that all capital acquisition contracts (delegated and non-delegated) other than D&D cases shall be concluded in two years. The Ministry, in consultation with the Services and all stakeholders, will come up with detailed plan of action for achieving the same,” it added.