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8.9% outlay hike for upgrade

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Team BS Mumbai
8.9% outlay hike for upgrade
Team BS / Mumbai February 28, 2006
The modernisation programmes that have been kick-started by the armed forces are set to continue, as the defence budget for 2006-07 has been hiked by 8.9 per cent (Rs 7,300 crore) to Rs 89,000, as against Rs 81,700 crore in 2005-06. On expected lines, the Budget said this hike is meant to cater to

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First Published: Feb 28 2006 | 8:41 PM IST

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