12/03/2015 |

Defence budget hiked by nearly 11%

March 12, 2015 by IPB

On Saturday, the defence budget was increased by 10.95 % to Rs 2.46 lakh crore for the next fiscal as compared to the revised estimates of Rs 2.22 lakh crore for 2014-15 as the government focuses on ‘Make in India’ to curtail over-dependence on imports. (Source: Daily News and Analysis)  

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