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?

• India’s Defence Acquisition Council has approved proposals to acquire defence equipment, including infantry combat vehicles, light tanks and missile systems, worth Rs 84,328 crore.
• Of the total, more than 97 per cent of the procurement will be from indigenous sources.

reference:

https://newsonair.gov.in/News?title=Defence-Ministry-approves-defence-acquisition-proposals-worth-Rs-84%2c328-crore&id=452835