Vinay Sheel Oberoi committee constituted by Union Government to expedite capital acquisition for Armed Forces modernisation

Nirmala Sitharaman, the Union Defence Minister, has constituted a 13-member advisory committee to monitor and expedite capital acquisition projects for the modernization of the armed forces. The committee will undertake an independent review and check the status of ongoing critical projects worth more than Rs 500 crore. It will also suggest measures to improve the capital acquisition process. The committee, headed by Vinay Sheel Oberoi, will have to present an initial status report on identified projects to the Defence Minister by March 31.