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Rs 4 lakh crore worth defence procurement cleared by govt in 3 years

Rs 4 lakh crore worth defence procurement cleared by govt in 3 years

Tuesday, March 28, 2017, 9:07 PM

A whopping Rs 4 lakh crore worth of military procurement involving 136 proposals were cleared by the government in the last three years as part of efforts to modernise the armed forces. The government incurred a capital expenditure of Rs 1.75 lakh crore on purchase of defence platforms for armed forces between 2014-2015 and December, 2016.
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