Consider the following statements regarding Defence Procurement Procedure:
1. The Defence Acquisition Council has cleared the new Defence Procurement Procedure.
2. Under the new DPP, Indigenously Designed, Developed and Manufactured, IDDM will be the first preferred category of preference.
3. The new Procurement Procedure will be effective from 2nd April 2016.
4. The DAC chaired by Mr Manohar Parrikar.
Which of the following statements are correct?
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