NEW DELHI (PTI): The country's bad economic condition appears to have hit the Defence Ministry with A K Antony ruing that it was not getting adequate funds for modernisation of the armed forces.
"In view of the present economic situation, we are not getting adequate funds as per our expectations. The entire budget of the Ministry is being spent. There are many proposals in the pipeline," he said.
The Defence Minister said those days were gone when Defence Ministry could not utilise all the allocated funds contrary to the current situation when no fund was refunded.
"We are not returning a single paisa. But, we are not getting the expected fund," he said.
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