Allocation of Defence Budget for Modernisation

Allocation of Defence Budget for Modernisation Around 31% of the total allocation from defence services Budget estimates has been allocated for modernisation i.e. Capital Acquisition of Armed Forces. Internal Audit of defence expenditure is routinely conducted by the Defence Accounts Department (DAD). Reports of this Internal Audit are shared with the concerned Services/ Agencies. Responses received are examined and Internal audit conclusions arrived at, thereafter necessary action is taken as and when required. Government constantly reviews the security scenario and accordingly decides to induct appropriate defence equipment to keep the Armed Forces in a state of readiness to meet any eventualities and remaining equipped with modern weapon systems. Modernization of Armed Forces is a co...
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