Press Esc to close
Sunday 02 August 2015
News updated at 5:07 PM IST
Weather
Max: 32°C
Min : 20°C
In Bengaluru
Rain lightly

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
Players in action during a Pro Kabaddi League match between Daband Delhi (Red) and U Mumbai...

Players in action during a Pro Kabaddi League match between Daband Delhi (Red) and U Mumbai...

Models during the India Couture Week 2015 in New Delhi on Saturday...

Models during the India Couture Week 2015 in New Delhi on Saturday...

People pay homage at the grave of former president APJ Abdul Kalam in Rameswaram...

People pay homage at the grave of former president APJ Abdul Kalam in Rameswaram...

Amitabh Bachchan and Kangna Ranaut during a commercial shoot...

Amitabh Bachchan and Kangna Ranaut during a commercial shoot...

Damaged houses in Gamru village after massive landslides in Dharmsala...

Damaged houses in Gamru village after massive landslides in Dharmsala...

Villagers wade through a flood waters at Keshpur village in West Midnapore district of West Bengal.

Villagers wade through a flood waters at Keshpur village in West Midnapore district of West Bengal.

Student Police Cadets (SPC) posing the photo in front of Mahatma Gandhi statue...

Student Police Cadets (SPC) posing the photo in front of Mahatma Gandhi statue...

A kid gets ready for the performance during an event of 'Save the Tiger' campaign at Lalbagh...

A kid gets ready for the performance during an event of 'Save the Tiger' campaign at Lalbagh...

Save Tigers Environment awareness programme...

Save Tigers Environment awareness programme...

On the eve of Dogs Friendship day proud owners'of the pets gathered with their dogs...

On the eve of Dogs Friendship day proud owners'of the pets gathered with their dogs...

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