Defence ministry clears capital acquisition proposals worth Rs 1.10 lakh crore

New Delhi: The Defence Ministry on Monday approved acquisition of military hardware for the three services including radars, advanced light helicopters and mechanical mine layers at an estimated cost of Rs 1.10 lakh crore to boost the military's overall combat prowess.

The procurement proposals were cleared by the Defence Acquisition Council (DAC) headed by Defence Minister Rajnath Singh.

"The DAC accorded Acceptance of Necessity (AoN) that is in-principle administrative approval to various acquisition proposals of the defence forces at an estimated cost of about Rs 1,10,000 crore," the ministry said.