Press Esc to close
Friday 28 April 2017
News updated at 9:56 AM IST

Chidambaram fair to defence sector: Antony

New Delhi, Feb 28, 2013, (IANS): 16:33 IST
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
Kempegowda International Airport customs seized Gold Biscuits...

Kempegowda International Airport customs seized Gold Biscuits...

Fireworks at Golden temple on the occasion of the Birth Anniversary of the second Guru...

Fireworks at Golden temple on the occasion of the Birth Anniversary of the second Guru...

Bollywood actor Akshay Khanna during the cremation of his father veteran actor Vinod Khanna...

Bollywood actor Akshay Khanna during the cremation of his father veteran actor Vinod Khanna...

A tiger enjoys water bath on a hot summer afternoon at Surat Zoo...

A tiger enjoys water bath on a hot summer afternoon at Surat Zoo...

Senior Wildlife Veterinarian Sharvan Singh Rathore plays with a Lion Cub ‘Kailash’...

Senior Wildlife Veterinarian Sharvan Singh Rathore plays with a Lion Cub ‘Kailash’...

Army personnel guard inside their Panzgam camp, 120 kms from Srinagar, which was attacked...

Army personnel guard inside their Panzgam camp, 120 kms from Srinagar, which was attacked...

West Bengal Chief Minister Mamata Banerjee during a government programme at Birpara...

West Bengal Chief Minister Mamata Banerjee during a government programme at Birpara...

Bihar Chief Minister Nitish Kumar addressing Champaran Satyagraha Smriti function...

Bihar Chief Minister Nitish Kumar addressing Champaran Satyagraha Smriti function...

RCB cheerleaders perform before the start of IPL match against Gujarat Lions at Chinnaswamy...

RCB cheerleaders perform before the start of IPL match against Gujarat Lions at Chinnaswamy...

Priyanka Chopra at a promotional event for her upcoming film ‘Baywatch’ in Mumbai on Wednesday...

Priyanka Chopra at a promotional event for her upcoming film ‘Baywatch’ in Mumbai on Wednesday...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.