Centre allocated Rs 90,048 crores for defence modernisation in 2020-21
An amount of Rs 90,048 crores has been allocated for capital acquisition (modernisation) of the armed forces under Defence Service Estimates in 2020-21. This is an increase of over Rs 9,000 crores from last year`s allocations.
Sep 15, 2020, 08:52 AM ISTFDI in defence is wise decision, should be welcomed: Venkaiah
In order to reduce the dependence on import of defence equipment, the government decided to allow foreign direct investment in defence sector, Urban Development Minister M Venkaiah Naidu on Monday said here.
Aug 25, 2014, 21:57 PM IST