Defence Budget – Is Allocation adequate for Modernisation? March 01, 2015 at 08:01AM

SOURCE: NITICENTRAL The finance Minister has hiked the defence budget for FY 2015-16 by 9.46 per cent to Rs 2,46,727 crore, which is Rs 23,357 crore more than the revised estimates for the current financial year that stand at Rs 2,22,370 crore. This small increase is grossly inadequate to give a boost to military modernisation […]



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