Defence of India

At the end of the third quarter of the 2015-16 financial year, 40 per cent (Rs.37,000 crore out of Rs.93,675 crore) of the capital budget of the armed forces remained unspent. As it will not be possible to spend all of the remaining funds in the January-March 2016 quarter, approximately Rs 15,000 to Rs 20,000 crore (15 to 20 per cent) may be returned unspent.

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