“Every year the military has to allocate a large part of its capital budget to pay for old and ongoing projects. This is known as the ‘Committed Liability.’ The actual amount left for new purchases is about 10% to 12%. But this year we have noticed that the Indian Army is actually facing a deficit,”
The budget, which was presented by Finance Minister Arun Jaitley on Feb. 1, has allocated less...
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Indian Army says its equipment is obsolete and not ready for war