BEL Current Affairs - 2020

Defence Ministry approved procurement of 5,100 crores of hardware

On January 22, 2020, the Defence Acquisition Council approved the Procurement of defence equipment that are of worth Rs 5,100 crores. The equipment are to be purchased from indigenous sources.

Highlights

The equipment to be purchased include electronic Warfare systems that are manufactured by DRDO. It also includes other equipment that are manufactured by local Indian industries.

Also, the council approved the shortlist of Indian Strategic Partners. They will collaborate with the Original Equipment Manufacturers (OEM) to construct six submarines. According to the approval, the private firms are to be pulled in partnership with the OEMs.

The Council also approved the inclusion of iDEX (Innovations Defence Exellence) in Defence Procurement Procedure.

iDEX

Innovations for Defence Exellence was launched in April 2018 to foster technology development in Defence and Aerospace. It is being funded by Defence Innovation Organization that was formed by HAL And BEL. Apart from funding the DIO will also provide policy guidance to iDEX.

Defence Acquisition Council

The Council was formed based on recommendations made by Group of Ministers on “Reforming the National Security System”. The Group was formed after Kargil war, 2001. Defence Minister is the Chairman of the council.

The Council approves acquisition proposals, transfer of technology decisions, field trial evaluation, decisions of offset provisions that are above Rs 300 crores.

National Common Mobility Card

Prime Minister Narendra Modi launched a National Common Mobility Card (NCMC), which can be used to make payments across public transport anywhere in the country, including Metro, bus and suburban railways, for toll and parking, and for retail like any credit or debit card.

National Common Mobility Card

  • The National Common Mobility Card (NCMC) was envisaged as part of the National Urban Transport Policy (NUTP) in 2006 by the Ministry of Housing and Urban Affairs.
  • Referred to as ”One Nation One Card”, this inter-operable transport card would allow the holders to pay for their bus travel, toll taxes, parking charges, retail shopping and even withdraw money.
  • It runs as on RuPay card and automates the fare collection system. This eliminates the need to carry change and cash while travelling in the metro, bus or train, or for toll and parking.
  • The gate and reader prototype for the NCMC has been developed by government-owned Bharat Electronics Limited (BEL) in compliance with the Make in India initiative.
  • These cards would be issued by all public and private banks the same way credit, debit, and prepaid cards are issued.
  • NCMC provides a value proposition for customers as they need not carry multiple cards for different usage and the super-quick, a contactless transaction will improve the seamless experience.
  • A pilot project for the NCMC ecosystem on January 31 with the Delhi Metro Rail Corporation (DMRC).
  •  The first-level trials were successfully completed in collaboration with CDAC, BEL, National Payments Corporation of India (NPCI), and State Bank of India.

The NCMC was launched by the Prime Minister while inaugurating the first phase of the Ahmedabad metro train service.