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| Dassault Rafale |
NEW DELHI (PTI): Faced with a resource crunch, Indian Defence Ministry will undertake a review next month of major military projects such as plans for acquiring 126 combat aircraft and raising a Strike Corps in the northeastern sector.
The review will be carried out after an assessment is made on the performance of the economy at the end of the second quarter of this fiscal, Government sources said.
The Defence Ministry has been allocated Rs 1.93 lakh crore for the current fiscal but it had made a demand for additional funds of more than Rs 40,000 crore for meeting its capital requirements.
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