The armed forces have been allowed to purchase upto rupees 300 crore of weapons and equipment for ”emergent operational requirement”.
The decision was finalized at Defence acquisition council (DAC) meeting. The meeting was led by Defence Minister Rajnath Singh.
The decision is taken amid tension between India and China over LAC.
The military development has fasten due to Indo-China clash at Galwan Valley, where 20 soldier were martyred .
However now the tension have de-escalated.
The three defence forces had already started buying a range of military equipment, weapon and platforms.
As per sources Rajnath Singh will visit Ladakh this week.
Army Chief General M M Naravane will also visit Ladakh on July 17. After visiting Ladakh, he will also visit forward areas in Jammu and Kashmir to analyse military operations.
DAC delegated powers for progressing urgent capital acquisition cases, up to Rs 300 crores, to the armed forces to meet emergent operational requirements,” a tweet by the ministry said.
“This will shrink procurement timelines and ensure placement of orders within six months and commencement of deliveries within one year,” the tweet read
