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    India's Defence Budget Hiked by 10% :: Crosses $50 billion

    http://www.defencenews.in/article/Indias-Defence-Budget-Hiked-by-10-percent--Crosses-$50-billion-3205
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    India's Defence Budget Hiked by 10% :: Crosses $50 billion

    The defence budget for 2016-17 was increased by 9.76 per cent to Rs. 2.58 lakh crore as compared to the revised estimates of Rs. 2.33 lakh crore for 2015-16 even as military pension zoomed to Rs. 82,000 crore mainly due to the One Rank One Pension scheme. The capital outlay for the three...
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