De­fence Al­lo­ca­tion Up By 17.6 Per Cent; Less Than Two Per Cent of GDP

SP's NavalForces - - FRONT PAGE - Lt Gen­eral (Retd) Naresh Chand

In the In­dian Bud­get for 2012-13, ` 1,93,407 crore has been set aside for the de­fence ser­vices which in­clude ` 9,579 crore for cap­i­tal ex­pen­di­ture. And as al­ways, the state­ment states that any fur­ther re­quire­ment will be met.

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