Other Sectors in Budget
Defence & Aerospace in Budget, 2017-18
The outlay for Defence in the Budget 2017-18 stands at Rs. 274113 Crore with a modest hike of 6% in allocation from the previous year. With this, currently, the defence budget stands at 1.62% of the GDP.
Major Weapon Purchases not likely
The given allocation is not going to cater to the major weapons purchases and this is also in contradiction to a def…
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