The armed forces may have to trim some of their ambitious weapons
procurement plans after indications that the defence budget could be cut
by around four to five per cent if not more, as part of Finance
Minister P Chidambaram's plans to lower the deficit.
This could delay the Indian Air Force's plans to buy the Rafale fighter jets or the Army's plans to buy light artillery for use in the hills.
The Navy's procurement could also take a hit although they have done far better than the other services in terms of indigenising procurement of ships and systems.
IBN Live
This could delay the Indian Air Force's plans to buy the Rafale fighter jets or the Army's plans to buy light artillery for use in the hills.
The Navy's procurement could also take a hit although they have done far better than the other services in terms of indigenising procurement of ships and systems.
IBN Live
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