Friday 27 June 2014

Defence allocation likely to go up by 20%

SOURCE: FE The Centre is likely to increase the defence allocation in the Budget by at least 20% from R2.04 lakh crore in the last fiscal. The interim Budget had envisaged a 10% increase in the defence budget for the current year, an estimated Rs 2.24 lakh crore, which includes capital expenditure of about Rs […]



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