SOURCE: THE HINDU The allocation for defence in this year’s interim crossed ?3 lakh crore for the first time but is less than ?5,000 crore compared to last year, representing the smallest increase year-on-year in recent times. Last year’s defence allocation was ?2.95 lakh crore excluding pensions. In real terms, the allocation represents a decline after factoring in inflation […]
from Indian Defence Research Wing http://bit.ly/2BeGCJ0
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