Armed forces get special powers for urgent purchases worth Rs 300 crore

The Defence Acquisition Council (DAC) has delegated powers to armed forces for progressing urgent capital acquisition up to Rs 300 crore to meet immediate operational requirements of the armed forces.
The decision was taken at the DAC meeting chaired by the Defence Minister Rajnath Singh in New Delhi.
An official statement said the decision was taken considering the security environment prevailing along the Northern Borders and the need to strengthen the Armed Forces.
The statement further stated that the decision will shrink the procurement timelines and ensure placement of orders within six months and commencement of deliveries within one year.