New Delhi: Amid the ongoing Operation Sindoor against Pakistan, the defence forces are set to get a big boost of around Rs 40,000 crore to buy arms and ammunition.
The approval for the acquisitions under emergency powers was granted recently by the Defence Acquisition Council in its meeting attended by top defence ministry and military brass, defence officials said.
Under the emergency powers, the forces are focusing on buying equipment like surveillance drones, kamikaze drones, long range loitering munitions and ammunition for artillery, air defence and missiles and rockets of different types.
The forces rained lot of heavy duty missiles including the BrahMos and Scalp cruise missiles at targets in Pakistan.
The forces will have to receive the equipment for which the deals are getting signed under emergency powers within a stipulated time period.
This is the fifth tranche of emergency procurement powers given to the defence forces in the last five years.
The procurements would be done by the forces involving the financial advisors from the defence finance wing, the sources said.
The Defence Ministry is also working on the long term projects for the forces and senior officials are meeting industry leadership in this regard.
The Defence Ministry officials have already held meetings with senior leadership from the public sector units and private industry including Solar Defence and Aerospace.
The emergency procurement powers have helped the defence forces in a big way by allowing them to procure required spares and ammunition to tackle security challenges.