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The long-pending proposal was cleared at a meeting of the Defence Acquisition Council, chaired by Defence Minister Nirmala Sitharaman, official sources say.
In a major move, the Defence Ministry on Tuesday approved procurement of 111 utility helicopters for the Indian Navy at a cost of 21,738 crore. The long-pending proposal was cleared at a meeting of the Defence Acquisition Council (DAC), chaired by Defence Minister Nirmala Sitharaman, official sources said.
They said, 16 helicopters will be procured at a fly away condition while 95 will be manufactured in India. The acquisition of the helicopters will be made under the strategic partnership model.
The cost of the project will be 21,738 crore, the sources said. The government will now start the process to identify a foreign helicopter maker and an Indian defence firm for a joint venture for the project. In May, the government had unveiled the strategic partnership model under which select private firms will be roped in to build military platforms such as submarines and fighter jets in India in partnership with foreign entities.
The procurement of the helicopters will be the first major acquisition project under the new model.
Prelims Question of the Day
Mains Question of the Day
1.GS-The nature of economic growth in India in recent times is often described as a jobless growth. Do you agree with this view? Give arguments in favour of your answer. (200 Words)
2.Political Science -Explain to what extent the concept of “one-party dominance”(W.H.Morris-Jones)model is relevant in Indian policy today.(250 Words).
3.SOCIOLOGY - Do you think that poverty, deprivation and inequalities are the major challenges in the process of social transformation? What are your suggestions to address and resolve the problems. (250 Words).