Which of the following statement(s) is/are correct about the ‘Defence Acquisition Procedure-2020’?
1. It is the second defence procurement procedure that was released by the Ministry of Defence after the first one in the year 2016.
2. It introduces a new category of buy (global - manufacture in India) which mandates a foreign supplier to manufacture either the entire or part of the equipment or spares/assemblies/sub-assemblies/MRO through a subsidiary in India.
3. It was designed under the Satish Chandra Committee set up in August 2019.
Select the correct codes from below -