Defence ministry sources say the Cabinet Committee on Security (CCS) is slated to meet this week, to approve the allocation of around Rs.19,000 crore for the Phase II and III building of the 40,000-tonne indigenous aircraft carrier (IAC), which is christened INS Vikrant.
The CCS will also approve the revised time-frame for commissioning of the 260-metre long INS Vikrant, whose keel was laid in 2009 after the project itself was approved way back in 2003.
Modi on June 14 had spent several hours on the 44,400-tonne INS Vikramaditya, the second-hand Russian carrier Admiral Gorshkov extensively refitted at a cost of $2.33 billion for India, in his first outstation visit after becoming the PM.
India is also acquiring 45 MiG-29K naval fighters worth over $2 billion from Russia, which are meant to operate both from INS Vikramaditya and INS Vikrant. India does also have the 28,000-tonne INS Viraat but it's over 55 years-old and is left with just 11 Sea Harrier jump-jets to operate from its deck.
The CCS note for “approving INS Vikrant's cost and timeframe“ was ready last year but the previous UPA regime failed to give it the formal go-ahead.
The CCS will also approve the revised time-frame for commissioning of the 260-metre long INS Vikrant, whose keel was laid in 2009 after the project itself was approved way back in 2003.
Modi on June 14 had spent several hours on the 44,400-tonne INS Vikramaditya, the second-hand Russian carrier Admiral Gorshkov extensively refitted at a cost of $2.33 billion for India, in his first outstation visit after becoming the PM.
India is also acquiring 45 MiG-29K naval fighters worth over $2 billion from Russia, which are meant to operate both from INS Vikramaditya and INS Vikrant. India does also have the 28,000-tonne INS Viraat but it's over 55 years-old and is left with just 11 Sea Harrier jump-jets to operate from its deck.
The CCS note for “approving INS Vikrant's cost and timeframe“ was ready last year but the previous UPA regime failed to give it the formal go-ahead.
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