Expenditure on Modernization of Defence Forces

Modernization of Defence Forces   The details of the total amount spent on modernization of defence forces during the last three years are as follows: (Rs. in crore)Financial Year Total allocation Actual Expenditure on modernization 2013-14            73,444.59            66,850.302014-15            75,148.03            65,862.382015-16            77,406.69            62,341.87 The budgetary provision of Rs.69,898.51.00 crores for the financial year 2016-17 made for the Defence Services Estimates is 27.45% less than the projected requirements (Rs.96,343.03) of the various Services / Departments. The fund...
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