SOURCE: ET Finance Minister Arun Jaitley has increased the defence budget to Rs 2,74,000 crore excluding pensions. Out of this amount, about Rs 86,000 crore is for capital acquisition. Devoid of the pension outlay, the total defence budget for 2016-17 was Rs 2,49,000 crore. Jaitley also said that a central defence travel system has been […]
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