Defence proposals worth ₹70,500 crore cleared

NEW DELHI: The Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, has accorded Acceptance of Necessity (AoN) for capital acquisition amounting to over Rs 70,500 crore under Buy Indian-IDDM (Indigenously Designed, Developed and Manufactured). Out of the total proposals, Indian Navy proposals constitute more than Rs 56,000 crore, which largely includes…