Friday, 27 October 2017

65% funds spent, defence ministry seeks Rs 22,000 cr more for modernisation

SOURCE: ENS Having already spent 65 per cent of its budgetary allocation for capital expenditure, defence ministry is seeking an additional Rs 22,000 crore from the government for defence modernisation at the Revised Estimates (RE) stage. RE allocations are made in December every year, based on the pace of expenditure and future requirements by the […]

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