Budget 2016: Arms spending held steady, Center looks to shop at home
 

The Centre plans to focus defence spending more on the domestic market instead of importing fighter planes, ships and submarines, after saying on Monday it will leave military spending for 2016-17 largely unchanged following years of increases. Union finance minister Arun Jaitley an**unced as part of his Budget 2016 speech a defence allocation of Rs 2.49 lakh crore.http://rss.feedsportal.com/c/33039/f...5d/sc/3/mf.gif

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