In the first 50 days of its second term in office, the Narendra Modi government has spent around Rs 8,500 crore on the acquisition of weapon systems including missiles and spares for the Indian Army and the Air Force.
According to Defence Ministry sources, the Indian Air Force (IAF) has spent around Rs 8,000 crore in procuring missiles such as the Spice-2000, Strum Ataka ATGMs and a large number of spares under the emergency procurement route. Read More…
