The scheme is in sync with the government's push to cut imports of military hardware and weapons and make India a hub for defence manufacturing.
The policy also set clear timelines with regard to compilation and publication of histories of wars and operations.
In his address, the defence minister also mentioned that India has a robust shipbuilding industry with an ecosystem of world-class companies.
In a series of tweets in Hindi, Singh said Modi has completely quashed the efforts by some to spread apprehensions about the COVID vaccines in India.
The project, which cost around Rs 43,000 crore, was cleared by the Defence Acquisition Council chaired by Defence Minister Rajnath Singh.
Sources confirmed that the Request for Proposal (RFP), to be issued to the Indian companies identified as Strategic Partners, will be discussed in a high level meeting slated for Friday.
In addition to it, the gross expenses made by the BJP's Bihar unit during the election period stood at nearly Rs 28 crore, while a total of Rs 16.5 crore was given to the party candidates.
In his letter to Singh, Savadi said hospitals in Karnataka were under tremendous pressure and burdened with a high number of Covid cases.
The drug was developed by the Institute of Nuclear Medicine and Allied Sciences (INMAS), a lab of DRDO, in collaboration with Dr Reddy’s Laboratories
The Drugs Controller General of India (DGCI) has approved the oral drug for emergency use as an adjunct therapy in moderate to severe coronavirus patients, the defence ministry said.
During his visit, Singh also inaugurated the 255-bed COVID hospital set up by Hindustan Aeronautics Limited and Uttar Pradesh government after converting the Haj House.
Candidates of the ruling TMC are leading in 208 of the state's 292 seats that went to poll against BJP's 80, as per the latest Election Commission trends.
India is struggling with the second wave of coronavirus infection as hospitals in several states are reeling under a shortage of oxygen and beds.
COVID-19: Rajnath Singh grants emergency financial powers to armed forces to set up health facilities
Under these powers, vice chiefs of armed forces will be able to clear procurement proposals, officials said.
Singh has been monitoring assistance by the three armed forces to the civil administrations across the country to fight the pandemic.