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Procurement

Big part of India’s Defence budget is kept for procurement from domestic vendors: Rajnath Singh – The Economic Times Video

Defence Minister Rajnath Singh on September 24 said that a big part of India’s defence budget is kept for procurement from domestic vendors. “A big part of our defence budget is kept for procurement from domestic vendors. Rs 85,000 crore were allocated for 2022-23. 1/4th of Defence Research and Development budget dedicated to Industries and Research development paving way for new Defence technologies and innovations,” said Rajnath Singh.

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