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Maroc Maroc - Times of India - Business - 02/Feb 00:24

Pakistan-China threat looms, no big bang for defence

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 acquisitions and infrastructure saw only a 4.6% increase, while the revenue outlay for operational costs and salaries remains almost double the capital provision.

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