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MoD approves 33 new fighter jets

  • IASbaba
  • July 3, 2020
  • 0
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MoD approves 33 new fighter jets

Part of: GS Prelims and Mains II and III – India-Russia ties; Defence

In news:

  • Defence Acquisition Council approved deals worth Rs. 38,900 crore which includes procurement of 21 MiG-29 fighter jets and upgrade of 59 MiG-29s and acquirement of 12 Su-30 MKI aircraft.
  • The approval came after Defence Minister’s visit to Russia for the Victory Day Parade.

Important Value Additions:

About Defence Acquisition Council

  • DAC – is the government’s highest decision-making body on defence procurement.
  • DAC is chaired by Union Defence Minister.
  • To counter corruption and speed up decision-making in military procurements.

The decision flowing from the Defence Acquisition Council are to be implemented by the following 3 Boards –

  1. Defence Procurement Board headed by the Defence Secretary
  2. Defence Production Board headed by the Secretary (Defence Production)
  3. Defence Research & Development Board headed by the Secretary (Defence Research & Development)

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