About DAC

• Defence Acquisition Council (DAC) is constituted under the Ministry of Defence (MoD) for overall guidance of the defence procurement planning process.
• It includes Defence Minister as Chairman and Minister of State for Defence (when appointed), Chief of Defence Staff (CDS), Chiefs of triservices, Defence Secretary, Secretary Dept. of Defence Production and Supplies, Secretary Defence Research & Development, Secretary Defence Finance, Vice Chief of Defence Staff (when appointed) and Secretary (Acquisition) as members.
• The DAC is the highest decision-making body in the defence ministry for deciding on new policies and capital acquisitions for the three services and the Indian Coast Guard.
• The objective of the DAC is to ensure expeditious procurement of the approved requirements of the Armed Forces in terms of capabilities sought, and time frame prescribed, by optimally utilizing the allocated budgetary resources.

Why in News?

• The Defence Acquisition Council approved capital acquisition proposals for modernisation and operational needs of the Armed Forces amounting to Rs 7,965 crore. All of these proposals (100%) are under ‘Make in India’ with focus on design, development and manufacturing in India.

Reference:

1. https://pib.gov.in/PressReleasePage.aspx?PRID=1768857