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Latest News LIVE: Defence Ministry okays Rs 28,000-cr acquisition proposals

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BS Web Team  | New Delhi 


Latest News live updates: The Ministry of Defence said on Thursday that its Defence Acquisition Council (DAC) cleared proposals worth Rs 28,000 crore, of which acquisitions worth Rs 27,000 crore would be sourced from Indian industries. In a series of tweets, the ministry said that Defence Minister Rajnath Singh chaired the meeting of the DAC, in which five more cases valued at Rs 25,000 crore were approved under the indigenous design development and manufacture category.

Prime Minister and his counterpart held a virtual summit on Thursday to discuss the spectrum of the bilateral relationship, including further strengthening cooperation in the post-Covid-19 era. The summit was held a day after India marked Vijay Divas, celebrating victory over Pakistan in the 1971 war that led to the creation of .

ISRO's trusted polar satellite launch vehicle carrying the space agency's latest communication satellite CMS-01 lifted off from the spaceport here on Thursday. The satellite is envisaged for providing services in Extended-C Band of the frequency spectrum covering India, Andaman and Nicobar and Lakshadweep islands.

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First Published: Thu, December 17 2020. 07:15 IST