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#485433
Mon 07 Jan 2019 04:48:PM
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Joined: Feb 2001
Posts: 381,903
Launch Director
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OP
Launch Director
Joined: Feb 2001
Posts: 381,903 |
In the overall Rs 2.95 lakh crore budget for defence in 2018-2019, only Rs 93,982 crore was earmarked under the capital outlay for military modernization. This despite the MoD projecting a requirement of Rs 1.72 lakh crore, which included Rs 1.10 lakh crore for “committed liabilities” (instalments for defence deals inked earlier) and Rs 31,435 crore for new projects. Source: Panel slams govt for thin budget for armed forces
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