DEFENCE
ACQUISITION COUNCIL - DEFENCE & SECURITY 
News:
DAC nod to buy 97 Tejas
jets, 156 combat helicopters
What's
in the news?
●      
The Defence Acquisition Council (DAC) cleared
the procurement of 97 Light Combat Aircraft Tejas Mk 1 A and 156 Light Combat
Helicopters from Hindustan Aeronautics Limited among other big-ticket
acquisitions worth Rs 2.23 lakh crore.
Defence
Acquisition Council (DAC):
●      
The DAC is the highest decision-making body of the defence Ministry on
procurement.
Objective: 
●      
To ensure expeditious procurement of the
approved requirements of the armed forces.
Formation: 
●      
It was formed after the Group of
Minister's recommendations on 'Reforming the National Security System', in
2001, post-Kargil War (1999).
Composition:
●      
The Defence
Minister is the chairman of DAC.
●      
Its members include the Chief of Defence Staff (CDS) and Chiefs of
the Army, Navy, and Air Force.
Functions:
●      
Give in-principle approval of a 15 years
Long Term Integrated Perspective Plan (LTIPP) for defence forces.
●      
Accord of acceptance of necessity to
acquisition proposals.
●      
Categorization of the acquisition
proposals relating to ‘Buy’, ‘Buy & Make’, and ‘Make’.
●      
Look into issues relating to single vendor
clearance.
●      
Take decisions regarding ‘offset’
provisions in respect of acquisition proposals above Rs 300 crore.
●      
Take decisions regarding the Transfer of
Technology Under the ‘Buy & Make’ category of acquisition proposals.
●      
Field trial evaluation.