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Army invokes emergency powers for missile deal

  • Category
    Defence
  • Published
    31st May, 2019

Recently, Defence Ministry has sanctioned a set of new financial powers for emergency procurements to the Indian Armed Forces to ensure operational preparedness. They have been given a free hand to procure equipment worth up to Rs. 300 crore on a priority basis.

Context

  • Recently, Defence Ministry has sanctioned a set of new financial powers for emergency procurements to the Indian Armed Forces to ensure operational preparedness. They have been given a free hand to procure equipment worth up to Rs. 300 crore on a priority basis.
  • According to it, the Army is in the process of procuring Spike-LR Anti-Tank Missiles from Israel and Igla-S Very Short Range Air Defence Systems (VSHORAD) from Russia. Entirely new systems not in use can also be procured under the new powers.
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