Press Esc to close
Monday 01 September 2014
News updated at 1:10 PM IST
Weather
Max: 27.4°C
Min : 19.4°C
In Bangalore
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
Vehicles ply on a waterlogged road after heavy rains in Bhopal on...

Vehicles ply on a waterlogged road after heavy rains in Bhopal on...

Amitabh, Aishwarya and Abhishek Bachchan visit Lalbagucha Raja Mandal at Lalbaug in Mumbai on...

Amitabh, Aishwarya and Abhishek Bachchan visit Lalbagucha Raja Mandal at Lalbaug in Mumbai on...

Rabbi Moshe Gourarie from New Jersey looks at a wall riddled with bullet marks from the 2008...

Rabbi Moshe Gourarie from New Jersey looks at a wall riddled with bullet marks from the 2008...

Childrens walks with an umbrella as it rains at Rajpath in New Delhi on Sunday....

Childrens walks with an umbrella as it rains at Rajpath in New Delhi on Sunday....

Bollywood actor Hrithik Roshan with father Rakesh Roshan and others participates in a procession...

Bollywood actor Hrithik Roshan with father Rakesh Roshan and others participates in a procession...

Devotees immerse idols of Ganesha into a lake in Thane , Mumbai on Saturday.

Devotees immerse idols of Ganesha into a lake in Thane , Mumbai on Saturday.

Prime Minister Narendra Modi during his visit to the Golden Pavillion Temple in Kyoto, Japan on...

Prime Minister Narendra Modi during his visit to the Golden Pavillion Temple in Kyoto, Japan on...

Bollywood actor Amisha Patel and family members participates in a procession for the immersion...

Bollywood actor Amisha Patel and family members participates in a procession for the immersion...

Prime Minister Narendra Modi during a meeting with CEO of Nidec Corporation, Shigenobu Nagamari...

Prime Minister Narendra Modi during a meeting with CEO of Nidec Corporation, Shigenobu Nagamari...

Prime Minister Narendra Modi during a meeting with Kyoto Mayor Daisaku Kadokawa in Kyoto, Japan...

Prime Minister Narendra Modi during a meeting with Kyoto Mayor Daisaku Kadokawa in Kyoto, Japan...

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