Monday, 29 February 2016

Budget 2016: Disappointing 4.8% hike in defence allocation, for first time pension bill added

SOURCE: ECONOMIC TIMES In a disappointment for the defence forces, a very modest hike of 4.8 percent has been allocated to the ministry of defence, one of the lowest increases in years as the military pensions bill has zoomed to Rs 82,000 crore. As first reported by ET, the ministry has also not been able to […]

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