Capital procurement proposals worth Rs 2.46 lakh crore for armed forces approved in last 3 years: Government
The government on Monday said that it has accorded approval to 163 proposals worth Rs 2,46,989 crore under various categories of capital procurement for the armed forces in the last three years.
Minister of State for Defence Ajay Bhatt, replying to a question in Rajya Sabha, also said the share of procurement from domestic firms has been on an upward trajectory.
"The government, in the last three years that is from 2019-20 to 2021-22 and current year (2022-23 up to September 2022), has accorded Acceptance of Necessity (AoN) to 163 proposals worth Rs 2,46,989.38 crore approximately, under various categories of capital procurement which promote domestic manufacturing as per DAP-2020," he said.