The Indian federal government has announced $66.9 billion defence budget for the fiscal year 2020-21, which represents a 9.4 percent increase in MoD’s overall allocation as compared to the allocation for the previous fiscal year 2019, Irfan Mahar* explains in Eurasia Review. According to the Indian government’s Press Information Bureau (PIB), the Defence budget accounted for 15.49 percent of the federal government’s total expenditure for the upcoming fiscal year.
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| Arjun Mk.II and Sarvatra bridge laying vehicle (Picture source ) |
