India keeps military ware shopping spree on despite fund crunch

firstpost.com - 1/10/2014

Notwithstanding the financial constraints, the defence ministry has been on a drive to procure and upgrade military assets over the last five years for which it spent a whopping amount of Rs 3.25 lakh crore. The ministry procured and upgraded a large number of military equipment for the armed forces including nuclear submarines, special operations transport aircraft and fighter planes.

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