 | Offset clause chucked out, but conditions apply in acquisition of defence hardwareUnder the new DAP, a clause requiring foreign firms to invest 30% of the contract value in the Indian manufacturing sector has been dropped for G2G or single-vendor deals. |
 | Defence Minister Rajnath Singh approves capital acquisition of more than Rs 2200 croreAmong other changes, the armed forces will now be allowed to take a variety of equipment on lease with an aim to cut down acquisition time as well as costs. |
 | Armed forces get special powers for individual procurement worth Rs 300 croreThe decision was taken at a meeting of the Defence Acquisition Council (DAC) headed by Defence Minister Rajnath Singh. |
 | Long awaited procurement of 16000 Light Machine Guns from Israel approved finallyFormer DG (Military Operations) Lt Gen Vinod Bhatia (Retd) said that this is very important for an infantry soldier as they were using the older versions. |
 | Day after successful test flight, government clears procurement of 83 Tejas jets for IAFTejas, the first Light Combat Aircraft in Final Operational Clearance-standard (SP-21) took to the skies for its maiden flight in Bengaluru on Tuesday. |
