The Cabinet Committee on Security (CCS) today cleared a USD 250 million crore proposal for procuring 10,000 anti-tank guided missiles for the Army from Russia.
The CCS cleared the proposal to acquire Russian-origin 10,000 Konkurs-M anti-tank guided missiles for the Mechanised Infantry and Infantry battalions of the Army, sources said here.
The Konkurs-M is part of the weapon systems being procured by the force to augment the anti-tank arsenal in the Army, they said.
The CCS had last week cleared the purchase of 25,000 Invar missiles for the T-90 tank fleet under an Rs 2,000 crore proposal.
The Konkurs are part of the anti-tank weapon family of the force which includes the Milan anti-tank guided missiles which India has been buying from France and also license-producing it at the Bharat Dynamics Limited facilities here.
Soon after the Mumbai terror attack in 2008, there were reports suggesting that the Army was facing a severe shortage of tank ammunition as well as anti-tank weapons.
Former Army Chief Gen V K Singh had also written a letter to Prime Minister Manmohan Singh highlighting a critical shortage of tank ammunition and obsolescence of the air Defence weaponry.
Soon after the letter was received, Defence Minister A K Antony held several rounds of meetings with top Ministry brass and military officials and since then has taken steps to ease the shortfall.