15th Finance Commission holds meeting with Raksha Mantri Shri Rajnath Singh and senior officials of MoD

Fifteenth Finance Commission, headed by Shri N.K. Singh, held a meeting with the Ministry of Defence led by the Raksha Mantri Shri Rajnath Singh here today. During the meeting, MoD gave its Fund Projections for the period 2020-2025 which is also the award period of the 15th Finance Commission. The Ministry informed the Commission about the allocated budget for MoD in comparison to the projections made.MoD officials apprised the Commission that it was exploring a number of alternative sources of funding. Finance Commission assured MoD that it would take into consideration all the suggestions made that would help to increase the overall capital space of the Ministry, bring about predictability and help the Ministry in its defence preparedness.................


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