Latest NewsArmyarms & ammunationsIndiaNEWS

Pakistan will pay for it soon: Ministry cleared proposal for the immediate purchase of 5,719 sniper rifles worth 982 Crore

The Defence Ministry has cleared the proposal to buy 7.40 lakh assault rifles for the three services and will also procure light machine guns worth Rs 1,819 crore. The Narendra Modi government has also cleared the proposal for the purchase of 5,719 sniper rifles for the Army at the cost of Rs 982 crore.

The Indian Army has been pressuring to fast-track the procurement of the weapons considering the threats from bordering Pakistan and China.

The Defence Acquisition Council (DAC) had in January 2018 cleared the procurement of 72,400 assault rifles and 93,895 carbines worth Rs 3,547 crores to meet an immediate requirement of the troops deployed along the borders.

Also Read: Pakistan violates ceasefire again: Indian civilian woman killed and three soldiers injured

The DAC had simplified ‘Make-II’ procedure, which prescribes guidelines to be followed to develop and manufacture defence equipment through Indian industry. Considering that no government funding is involved in ‘Make-II’ project, the DAC had simplified the procedure to make it industry-friendly, with minimal government control.

The salient aspects of the revised procedure allow MoD to accept suo-moto proposals from the industry and also allow start-ups to develop equipment for the Indian Armed Forces. The minimum qualification criteria to participate in Make-II projects has also been relaxed by removing conditions related to credit rating and reducing financial net worth criteria.

shortlink

Post Your Comments


Back to top button