SOURCE: ECONOMIC TIMES I: India’s defence budget is likely to see a modest hike of 9% to Rs 2.68 lakh crore in 2016-17 while thepension bill alone may go up by over Rs 80, 000 crore. Further the defence ministry is likely to surrender Rs 12,400 crore, or 16% of the Rs 77,406 crore earmarked […]
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