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Friday, 4 March 2016

Defence purchases: Government recalibrates FMS account in US March 05, 2016 at 07:27AM

SOURCE: PTI The government has “recalibrated” the management of an account, which was used to pay money to the US under Foreign Military Sales route, after a review showed that nearly $2.3 billion had piled up without earning any interest, Defence Minister Manohar Parrikar today said. The minister also said that the Defence Budget for the […]

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