Defence Ministry is all set to purchase rifles for Rs.15,935 crores.
Following the recent terror attacks in the Jammu and Kashmir region, the Defence Ministry of India had decided to purchase rifles for the security forces in the fast track basis. The Defence Acquisition council (DAC) had cleared Rs. 15,935 crores for the Ministry.
Reports from the Ministry states, the ministry is now processing for the procurement of essential quantity Light Machine Guns (LMG) for the operational requirement of border troops for Rs. 1,819 crore, under 'Buy and Make Indian' scheme. Defence Minister Nirmala Sitaraman had released the official statement on Wednesday.
The statement also confirms 5,719 long range sniper rifles for the Indian Army and Indian Air Force to be procured at an estimated cost of Rs. 982 crores under 'Buy Global' project. The ammunitions for those sniper rifles which meet the world class quality is initially purchased and later manufactured in India.
7.4 lakh assault rifles with modern specification for the Border Security Forces are to be procured globally and later manufactured in India by both Indian Ordnance Factories and Private Industries. The DAC had approved Rs. 12,280 crores for this category, said the statement of Defence Ministry.
DAC had approved for the fast track procurement of important arms like rifles, Carbines and LMGs for Rs. 3.547 crores for the border troop's immediate requirements.
DAC approved Rs. 850 crore for enhancing the Indian Naval ships with anti Submarine warfare capabilities with 'The Mareech' system which was developed by DRDO indigenously.
Defence Ministry's immediate involvement in purchasing rifles and upgrading the defence system is to comply with the armament needs of security force and it was a long pending demand of Indian armed forces, said Nirmala Sitaraman, Defence Minister at the end of the statement.