Is there any plan for budget cut for the IAF due to economic fallout? What platforms are being prioritized to be inducted or ordered? How will IAF base its demand between security and budget?
Pending the receipt of revised budget estimates, we are targeting a 20-25% savings in the revenue expenditure, as a first step. On capital expenditure, our highest priority lies with the contract for 83 LCA MK1A. Additionally, we are in the process of prioritizing our critical requirements, weapons and technologies like the air to air missiles, air to ground precision weapons, networking, data linking etc. We are working towards industry critical capabilities and minimizing the impact of budget constraints on modernisation. Read More…
