Indian defence purchases may be on hold till after Lok Sabha elections January 30, 2014 at 09:46AM

SOURCE: INDRUS With the Indian parliamentary elections looming in the background, fresh defence purchases are likely to be put on hold, even as funds are being diverted to meet the rising operational costs of India’s armed forces. India’s Ministry of Finance had refused to allocate an additional 80 billion rupees ($1.3 billion) to the armed […]



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