The union government on Saturday allocated Rs 3.37 lakh crore as the defence budget for 2020-21, which is a hike of only 5.8 percent over the allocation for this sector for the current financial year. The disappointing part is that there has been a very marginal increase in the capital outlay for defence for 2020-21 as compared to the budget estimates and revised estimates for 2019-20, which will affect several big ticket projects of the defence forces that are being done for building capabilities against China and Pakistan. Read More…
Marginal Increase in defence Budget Could Mar New Acquisitions
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