Press Esc to close
Wednesday 18 January 2017
News updated at 3:19 PM IST
Weather
Max: 28.9°C
Min : 15.4°C
In Bengaluru
Sunny day

Chidambaram fair to defence sector: Antony

New Delhi, Feb 28, 2013, (IANS):
Defence Minister A.K. Antony said on Thursday that Finance Minister P.Chidambaram had done a good job in the union budget. He said that considering the overall economic situation, the finance minister had been fair to the defence sector in allocating Rs.203,672 crore (over Rs.2 trillion) in 2013-14.

"Taking into account the difficult economic situation both at home and abroad, the finance minister has done a good job. The measures that he has outlined for the rejuvenation of the economy while ensuring inclusive growth are indeed commendable," Antony said.
The minister said Chidambaram had said in his budget speech that a positive view will be taken if the need arises for more funds for defence.

"Factoring the current economic scenario, he has been fair to the defence sector also by increasing the budget and assuring that should there be any urgent need in future, the same would be provided," Antony added.

Chidambaram had announced that defence spending would be Rs.203,672 crore (over Rs.2 trillion) in 2013-14, marking a increase of over five percent over the outlay of 2012-13, when it was Rs.193,407 crore.

 

Go to Top

Photo Gallery
An G+3 Illegal building demolished by CIDCO at Nerul in Navi Mumbai...

An G+3 Illegal building demolished by CIDCO at Nerul in Navi Mumbai...

Sand artist Sudarsan Pattnaik creates a sand sculpture at Puri beach of Odisha on Tuesday...

Sand artist Sudarsan Pattnaik creates a sand sculpture at Puri beach of Odisha on Tuesday...

Train moves on snow covered Srinagar-Qazigund railyway track during heavy snowfall,at Anantnag...

Train moves on snow covered Srinagar-Qazigund railyway track during heavy snowfall,at Anantnag...

Columnist Shobhaa De, actor Shah Rukh Khan and Bollywood filmmaker Karan Johar...

Columnist Shobhaa De, actor Shah Rukh Khan and Bollywood filmmaker Karan Johar...

A Samajwadi (SP) party worker holds a toy bicycle representing the party's symbol...

A Samajwadi (SP) party worker holds a toy bicycle representing the party's symbol...

Tribal villagers take part in a community fishing as part of celebrations...

Tribal villagers take part in a community fishing as part of celebrations...

A man rides his scooty during fresh snowfall in Srinagar on Tuesday...

A man rides his scooty during fresh snowfall in Srinagar on Tuesday...

Tourists enjoy in snow after snowfall in Shimla...

Tourists enjoy in snow after snowfall in Shimla...

Union Minister of Railways Suresh Prabhu and CM Siddaramaiah are flagging off of MEMU services...

Union Minister of Railways Suresh Prabhu and CM Siddaramaiah are flagging off of MEMU services...

London Olympics bronze medallist grappler Yogeshwar Dutt during his wedding procession at his ...

London Olympics bronze medallist grappler Yogeshwar Dutt during his wedding procession at his ...

Like us on Facebook

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523