Capital budget increased to Rs 1.62 lakh crore from 1.52 lakh crore. Navy, Army see substantial increase but allocation for procuring aircraft, aero engines goes down.
Private sector is also hoping for a high budgetary allocation for defence capital expenditure since it will translate into more acquisition programmes fructifying.
The apex court Monday granted liberty to ex-servicemen association to file an application, if they feel aggrieved by any action of the Centre on payment of OROP arrears.
Simulators for training on weapons, equipment are being established. While training of second batch begins March, subsequent batches will be inducted in May & November every year.
Lt Gen Anil Puri, the top military officer in charge of the scheme, said that the recruitment scheme was a ‘God-sent opportunity’ to reduce the age profile of the armed forces.
Union govt 'not so worried' about opposition protest but 'alarmed' by the public agitation against Agnipath, which envisages short-term recruitment to armed forces.
The armed forces account for nearly 15 per cent of India’s annual expenditure. RTI Act is a precious tool to keep a check on corruption in procurements, constructions and defence deals.
India has to first develop a robust defence industry. It is not viable to do so with only imported technology and weapon systems, writes Col KL Viswanathan.
There has been growing push to include private industries as part of defence ecosystem. Enrollment of a Larsen & Toubro official in NDC's 62nd batch part of this larger philosophy.
BJP’s fate in the second phase of 2024 Lok Sabha election will be decided in Karnataka, Rajasthan, and Maharashtra, where it performed very well in 2019 but faces a stiff competition now.
The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.
Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.
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