Vayu Aerospace and Defence

IAF’s capital budget increased

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In the country’s budget 2021-22, there is only a modest increase of 1.4% over the past FY but within this, the Air Force has been allocated the largest capital amount. This reflects the IAF’s increasing commitment to pay for its new Rafale fighters, manufactur­e of additional Su-30MKIs and Tejas LCAs by HAL as also continued modernisat­ion of the Mirage 2000 fleet. According to defence analysts, major expenditur­e is also anticipate­d in the pending case for 114 multirole fighter aircraft (MRFA) for which the IAF has issued a global RFI some years back.

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