Make in India Current Affairs - 2020

DAC approved proposals for capital acquisition of equipment worth Rs. 2,290 crores

The Defence Acquisition Council (DAC) has approved the proposals for the capital acquisition of equipment that  the Armed Forces of India requires at an cost of Rs. 2,900 crores. The approval was given on September 28, 2020 by the Defence Minister Rajnath Singh. Approved Equipment’s The armed forces would procure 72,000 assault rifles from the Read More…

Defence Minister unveils Defence Acquisition Procedure-2020

The Defence minister Rajnath Singh unveiled the Defence Acquisition Procedure (DAP) -2020 today on September 28, 2020. The minister said that the new DAP 2020 will empower the Indian domestic industry through Make in India initiative. Highlights The DAP is in line with Prime Minister Narendra Modi’s vision of Atmanirbhar Bharat. It aims of turning India Read More…

Public Procurement Order, 2017 -Amended To Curb Chinese Investment

he Government of India has amended the public procurement (Preference to make in India ) order 2017. These amendments would curb the Chinese investment in India. Key Facts The amendment states that the entities from other countries that do not allow Indian companies to participate in their government procurement procedures shall not be allowed to Read More…

India-Russia sign agreement on manufacturing AK-203 rifles

The Defence Minister is at Russia’s capital Moscow attending SCO meet. He arrived on September 2, 2020 and is on a three-day visit. Highlights The Defence Minister on the side lines of the SCO meet held talks with his Russian counter part Shoigu. During the meet, the leaders signed the AK-203 rifles deal. According to Read More…

India to start bidding process of procuring six submarines

The Indian Navy is to acquire 24 new submarines. This is being done to bolster India’s underwater fighting capabilities. India is to launch the bidding process of procuring these submarines in September 2020. Highlights The submarines are to be built in India. Of these six are nuclear attack submarines and are to be built at Read More…