SOURCE: Bloomberg India’s disruptive cash ban may prevent finance minister Arun Jaitley from using this week’s budget to quicken the pace of the country’s much-needed military modernization. With economists slashing India’s 2016 growth estimates because of Prime Minister Narendra Modi’s move to eradicate 86% of India’s currency in circulation, analysts doubt India’s armed forces will get […]
The post In Modi’s ‘make or break’ budget, defence may take a back seat appeared first on Indian Defence Research Wing.
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