Budget 2013: Armed forces get over Rs. 33,000 crore to buy aircraft, aero-engines

With the defence forces planning to finalise major deals such as the one for 126 Rafale combat aircraft, the government has earmarked more than Rs. 33,000 crore for acquiring aircraft and aero-engines from the Rs. 86,000 crore modernisation Budget for the forces. Of this amount, Rs. 25,000 crore has been given to the IAF which is close to finalising negotiations for deals.

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