India's military modernization continues in a slow and haphazard manner with a modest 9.5% hike in the defence budget. The capital expenditure for...
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Maroc - Times of India - India - 01/Feb 10:05
No big bang in defence budget
India’s military modernization continues with a modest budget hike of 9.5%, bringing the overall defence budget to Rs 6.8 lakh crore. The capital outlay of Rs 1.8 lakh crore for modernization faces challenges due to major operational shortfalls and unspent funds. Significant investments are planned for indigenous and international defence procurement.
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