Defence purchases to be hit as funds go for overheads

SOURCE : FINANCIAL EXPRESS The finance ministry has cut around Rs13,000 crore out of the Rs 94,588 crore allocated to the defence ministry in the Union Budget last July. A defence ministry official, who has knowledge of the revised budgetary allocation which was finalised in December last, told the FE, “We are re-appropriating Rs 13,000 […]



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