Monday, 22 July 2019

Centre wants states to spend on defence, moots non-lapsable fund for armed forces

SOURCE: FE The Centre, it is learnt, is keen that state governments pitch in for boosting capital expenditure on defence to better equip the country’s armed forces. The desire for this radical change in defence funding, officials said, was behind last week’s Cabinet decision to widen the 15th Finance Commission’s terms of reference (ToR) “to […]

from Indian Defence Research Wing https://ift.tt/2GphrWO
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