Antony addresses Army chief issue

March 29, 2012 13:14

Meanwhile, Defence Minister A K Antony today said that expenditure on defence is bound to increase as the armed forces need to have access to the latest technologies and equipment to counter any threat. "With the projected growth of the Indian economy expected at a trajectory of 8-10 per cent for the next two decades, expenditure on defence in absolute terms is bound to
increase," Antony said inaugurating the seventh edition of International Land and Naval Defence Systems Exhibition-Defexpo-12, in Delhi.

Antony said India needs substantial step up in allocation for modernisation of defence forces.

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