Defence Sector – DPP, Missions, Schemes, Security Forces, etc.

Goa periscope: A Russian sub leased

  1. India and Russia have reportedly reached an agreement on the lease of a second nuclear submarine during the recent BRICS Summit
  2. The deal is worth $2 billion
  3. India had earlier leased an Akula-II class nuclear attack submarine (SSN) for a period of 10 years
  4. The vessel was inducted into service as INS Chakra in April 2012
  5. The govt. wanted to lease at least one more submarine to train Navy crew in the complex submarine operations to prepare for a large fleet of nuclear submarines

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