New Delhi, Dec 1 (PTI) The Defence Ministry Saturday approved military procurement worth Rs 3,000 crore, including Brahmos supersonic cruise missiles for Navy’s two stealth frigates and armoured recovery vehicles for the Army’s Arjun main battle tanks, a senior official said.Also Read - Swiggy, Zomato Will Now Pay GST on Restaurant Services Supplied Through Them, Says Sitharaman
The go-ahead for both acquisitions was given by the Defence Acquisition Council (DAC), the ministry’s highest decision-making body on procurement, the senior military official said. Also Read - GST On Retro Fitment Kits For Vehicles Used By Disable People Cut to 5%: Sitharaman
“The DAC chaired by Defence Minister Nirmala Sitharaman accorded approval for acquisition of defence equipment worth about Rs 3,000 crore,” he said. Also Read - GST Council Extends Concessional Rates on Covid Medicines Till Dec 31; Keeps Petrol, Diesel Out of Tax Ambit
India is procuring two stealth frigates at a cost of USD 1 billion and both the ships will be equipped with indigenously developed BrahMos missiles.
“The indigenously designed Brahmos missile is a tested and proven supersonic cruise missile and will form the primary weapon on-board these ships,” said the official.
The DAC also approved the procurement of Armoured Recovery Vehicles (ARVs) for the Indian Army’s main battle tank, Arjun. The ARVs are designed and developed by the DRDO and would be manufactured by defence public sector undertaking BEML, the official said.
This is published unedited from the PTI feed.