Defence Ministry to clear Rs 1 lakh crore worth of military deals post Op Sindoor
The Ministry of Defence is set to approve military proposals worth over Rs 1 lakh crore in a key meeting scheduled this week. This will be the first acquisition meeting since Operation Sindoor, aiming to enhance the capabilities of India's armed forces.According to defence officials who spoke to India Today, the proposals include a range of critical defence systems such as spy planes, sea mines, air defence missiles, and underwater autonomous vessels.advertisementA major highlight of the meeting will be the likely clearance of three new regiments of the indigenous Quick Reaction Surface to Air Missile (QRSAM) systems for the Indian Army. This project is expected to strengthen India's air defence along the Pakistan border. The QRSAM systems, developed by the DRDO, will be manufactured by Bharat Dynamics Limited and Bharat Electronics Limited.
The Indian Air Force is also expected to push forward a proposal to procure three spy planes under the Intelligence, Surveillance, Targeting and Reconnaissance (I-STAR) programme. 'The Intelligence, Surveillance, Targeting and Reconnaissance aircraft would be critical for Air Force's plans to take out ground targets in future,' sources said.The aircraft will be sourced from an original equipment manufacturer and then modified by the DRDO's Centre for Airborne Systems in collaboration with private partners.advertisementIn addition, the Indian Navy is set to propose the induction of DRDO-developed Pressure-Based Moored Mines, designed to target enemy submarines and surface vessels.The meeting is also expected to review the upgrade programme for 84 Su-30MKI fighter jets, which has already received initial approval from the Defence Acquisition Council (DAC). The DAC will also examine the proposal for acquiring underwater autonomous vessels, marking its first major acquisition decision after Operation Sindoor.- EndsMust Watch
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Gazette
5 minutes ago
- India Gazette
Commercial 19-kg LPG cylinder price slashed by 58.50, no change in domestic cylinder rates
New Delhi [India], July 1 (ANI): Oil marketing companies revised the prices of commercial LPG gas cylinders on Tuesday, reducing the cost of a 19 kg commercial cylinder by Rs 58.50. The new rates came into effect from July 1, bringing relief to commercial users such as hotels, restaurants, and businesses. While in Delhi, with the latest revision, the retail sale price of a 19 kg commercial LPG cylinder was set at Rs 1665, down from the previous rate. There was, however, no change in the price of 14.2 kg domestic LPG cylinders, which are widely used in households. The commercial LPG cylinder will cost Rs 1,616 in Mumbai, Rs 1,769 in Kolkata and Rs 1,823.50 in Chennai. Meanwhile, a separate development, petrol pumps across the national capital notices warning against fueling End-of-Life Vehicles (ELVs) were seen pasted on display boards. The warning stated that 'fuel will not be dispensed to end-of-life vehicles (ELVs) - 15-year-old petrol and 10-year-old diesel vehicles from July 1, 2025.' Along with these notices, CCTV cameras and speakers were also installed at several fuel stations to monitor compliance and inform customers. On June 27, according to a latest research report by ICICI Bank, global crude oil prices are likely to see a downside, weighed down by the de-escalation of the Israel-Iran conflict, soft demand, and increasing supply. On the demand side, the report suggests that if the negative sentiment regarding the trade war persists, it will result in depressed demand. Additionally, crude oil demand is expected to remain flat in 2025, coming in at relatively unchanged levels of 102.9mbpd as was seen in 2024, taking into account the subdued global growth momentum. On the supply side, the global supply of crude oil followed an upward trajectory on a sequential basis, led by higher production from OPEC, while non-OPEC supply remained fairly robust. 'The physical markets recorded a net supply surplus for the fifth consecutive month of 1.6mbpd in May compared to 1.9mbpd recorded in April,' ICICI Bank said. The demand showed a rise of 0.3mbpd to 102.6mbpd in May. However, this supply-demand equation was not adequate to match the supply of 104.2mbpd that is being driven by increasing output from OPEC. However, the report also highlights that the spike in crude prices in response to the Iran-Israel conflict was much lower than previous geopolitical events such as the Russia-Ukraine war, reflecting an oversupplied physical market that is prevailing at the current juncture. (ANI)
India Gazette
11 minutes ago
- India Gazette
Delhi CM Rekha Gupta requests Railway Minister Ashwini Vaishnaw to rename Old Delhi Railway Station
New Delhi [India], July 1 (ANI): Delhi Chief Minister Rekha Gupta on Tuesday wrote to Railway Minister Ashwini Vaishnaw and requested him to rename the Old Delhi Railway Station as Maharaja Agrasen Railway Station. CM Gupta wrote, 'I am writing to respectfully request your kind consideration for renaming the Old Delhi Railway Station in honour of Maharaja Agrasen, a revered historical figure whose legacy has had a profound impact on the socio-economic development of India, particularly in Delhi.' She mentioned that Maharaja Agrasen is regarded as a symbol of social justice and welfare, and has played a pivotal role in shaping Delhi. 'Maharaja Agrasen is widely regarded as a symbol of social justice, economic foresight, and community welfare. His countless followers and descendants continue to play a pivotal role in shaping Delhi's economic and cultural landscape,' she wrote. Calling it a fitting tribute to the Maharaja Agrasen, she added, 'Renaming the Old Delhi Railway Station as Maharaja Agrasen Railway Station would serve as a fitting tribute to his enduring contributions and would deeply resonate with the sentiments of millions of Delhi residents who hold him in the highest esteem. I would be truly grateful for your personal intervention in facilitating favourable and expeditious consideration of this proposal by your esteemed Ministry.' According to the website of the Shahjahanabad Redevelopment Corporation, the Old Delhi Railway Station in Delhi, that is, the Delhi Junction Railway Station, was built like a fort, with two opposite sides, namely Kashmere Gate and Chandni Chowk. The two localities are linked by an elevated pedestrian bridge called Kodiya Pul. Meanwhile, the Delhi Jal Board, under the leadership of Chief Minister Rekha Gupta, has rolled out a 45-point action plan aimed at enhancing the capital's water infrastructure, upgrading sewerage networks, increasing transparency in tanker services, and rejuvenating the heavily polluted Yamuna River. The comprehensive plan, backed by a budget of Rs 9,000 crore, is targeted for completion by next year, a senior official confirmed. (ANI)
India.com
13 minutes ago
- India.com
Telangana Fire: Death Toll Rises To 34 In Sigachi Factory Blast, Rescue Underway
The death rose to 34 in a devastating explosion at Sigachi Industries Pvt Ltd, a chemical manufacturing unit located in Pashamylaram, Telangana, on Monday morning, according to ANI. The blast occurred around 9:30 am on Monday and triggered a large fire and caused the industrial structure to collapse, trapping multiple workers under the debris. Fire department officials confirmed that five bodies have been recovered from the rubble so far, while efforts continue to locate any survivors. Over a dozen workers were injured in an explosion at a chemical factory in the Pasamailaram Phase 1 area of Telangana's Sangareddy district, according to officials. Prime Minister Narendra Modi expressed condolence over the loss of lives in the explosion at the Sigachi Pharma chemical factory in Telangana's Sangareddy district. The PMO also announced an ex-gratia of Rs 2 lakhs for the family of each deceased and Rs 50,000 for the injured. Union Minister and Telangana BJP chief G Kishan Reddy offered full support to the State government in the relief operations following the blast at a chemical factory in Telangana's Sangareddy, which killed at least 34 people and injured many. "NDRF, Police and other agencies are engaged in relief financial assistance of Rs 2 lakhs each will be given to families of the deceased persons and Rs 50,000 to the injured," Kishan Reddy told reporters here."The BJP never does politics on such issues. We will fully cooperate in relief state government should take all steps to prevent such accidents," Reddy said, ANI reported. Rescue operations are still underway.
