Capital acquisition of defence equipment is undertaken as a continuous activity to keep the Armed Forces in a state of preparedness to meet the entire spectrum of security challenges. All efforts are made to optimally use budgeted funds for meeting committed liabilities relating to already concluded capital acquisition contracts and for new schemes contracted during the last two years.
The budget allocations for acquisition of defence equipment for the Army during the last two years are as under:-
|Financial Year||Budget Estimates
(Rs in Crore)
This information was given by RakshaMantri Shri Rajnath Singh in a written reply to Dr.L. Hanumanthaiahin Rajya Sabha today.