26 October 2014

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List Rs. 80,000 Crore Defense Projects Cleared by Modi Government

List Rs. 80,000 Crore Defense Projects Cleared by Modi Government

Defence projects worth Rs 80,000 crore were cleared on Saturday by the BJP government

Which projects were cleared how the money will be spent and where?

The decisions were taken at a meeting of the Defence Acquisition Council, chaired by Defence Minister Arun Jaitley and attended by the chiefs of all the three defense services, the DRDO chief and other senior officials

Six submarines would be made indigenously
Cost to build submarines – Rs. 50,000 Crore

The target set in 1999 was to have 24 submarines by 2030. The previous UPA government had gone in for six Scorpene submarines and the first is likely to be delivered only in 2016.

Purchase of over 8,000 Israeli anti-tank guided missiles
8,356 Israeli Spike Anti-Tank Guided Missile (ATGMs) for the Army’s infantry battalions at Rs 3,200 crore

The Army will also purchase 321 launchers for the missiles.

The 12 Dornier surveillance aircraft with enhanced sensors will be bought from Hindustan Aeronautics Ltd for Rs 1,850 crore.

362 infantry fighting vehicles will be bought from the Ordinance Factory Board, Medak in West Bengal, for Rs 662 crore.

Army purchase of 1,761 radio relay containers at a cost of Rs 662 crore

Building of 363 Armoured Personnel Carriers at Rs 1,800 crore

Buying of critical rolling stock, including arms, guns, artillery, at Rs 740 crore.

Approved purchase of equipment for special operations of the Navy, which remained classified.

Reality views by sm –

Sunday, October 26, 2014

Tags – India Weapons Modi Rs. 80,000 Crore Purchase Submarine