Express News Service
NEW DELHI: The Defence Acquisition Council (DAC) beneath the Chairmanship of Defence Minister Rajnath Singh, accorded Acceptance of Necessity (AoN) for Capital Acquisition proposals of Armed Forces amounting to Rs 8,357 crore.
Ministry of Defence in its assertion mentioned, “AoNs accorded by DAC include procurement of Night Sight (Image Intensifier), Light Vehicles GS 4X4, Air Defence Fire Control Radar (Light) and GSAT 7B Satellite.”
The satellite tv for pc might be for communication necessities of the Army, mentioned a supply. The acquisition of those gear and methods, the MoD mentioned, “will enhance operational preparedness of Armed Forces by providing better visibility, enhanced mobility, improved communication and increased capability of detecting enemy aircraft.”
As an impetus to ‘Aatmanirbhar Bharat’, all of those proposals have been authorised beneath ‘Buy (Indian IDDM)’ class with give attention to indigenous design & growth and manufacturing in India.
In an initiative to encourage innovation, the DAC additionally cleared the procurement of 14 gadgets price Rs 380.43 crore from the Innovations for Defence Excellence (iDEX) startups/MSMEs.
MoD knowledgeable these things might be procured by the Indian Army, Navy and Air Force.
In order to fast-track the procurement from the startups/MSMEs the DAC additionally authorised the brand new simplified process for procurement from iDEX startups/MSMEs.
The procurement cycle from the AON to contract signing might be round 22 weeks as per the brand new process, Ministry knowledgeable.
Ministry additionally determined that each one modernisation necessities of defence forces to be indigenously sourced and import to be resorted to solely as exception. It is a part of the coverage initiatives authorised by the DAC within the Defence Acquisition Policy 2020
To speed up the tempo of indigenisation, obtain self-reliance in defence and to facilitate Ease of Doing Business for defence trade, DAC authorised different coverage initiatives within the DAP-2020 together with the financial institution guarentee
The initiatives choices taken, “To reduce financial burden on defence industry, requirement of the Integrity Pact Bank Guarantees is to be dispensed with and Earnest Money Deposit (EMD) to be introduced as bid security and PCIP cover upto contract stage. EMD will be applicable only for proposals of Rs 100 Cr and above and MSMEs & Startups will be exempted from EMD.”
To help additional, “Vendors whose products are successfully trial evaluated will be provided a certificate to that effect.”
