Brahmand NewsPrevious Article
Brahmand NewsNext Article
Headlines
  • Wreckage of missing Sukhoi-30 jet fighter found in Assam:-The wreckage of the IAF Sukhoi fighter jet that went missing with two crew members on board was found on Friday after three days of search operations....
  • MAST ASIA 2017:-MAST Asia 2017, Japan's only international 'Maritime/Air Systems & Technologies International Trade Show, Conference and Community Enabler' will be held in Makuhari Messe, Tokyo, Japan from 12th to 14th June, 2017....
  • US Navy's new Ford-class carrier sets sail for acceptance trials:-The Navy's next generation aircraft carrier, the nuclear-powered USS Gerald R Ford (CVN 78), has departed the Naval Station Norfolk for acceptance trials, paving the way for the warship's commissioning into service later this year....
  • India-Singapore joint naval exercise SIMBEX 2017 concludes:-The Indian Navy and the Singapore Navy have concluded a week-long bilateral military exercise in the South China Sea, during which they conducted a series of advanced naval warfare drills, including air defence exercises and gunnery live-firings....

Rs 2.5 lakh cr worth products developed by DRDO

Article
Line Spacing+- AFont Size+- Print This Article

NEW DELHI (PTI): The DRDO has developed and upgraded military systems, products and technologies worth over Rs 2.5 lakh crore for the armed forces.

The figure does not include the strategic systems the premier defence research organisation developed, Minister of State for Defence Subhash Bhamre said, replying to a question in Rajya Sabha.

He said the DRDO has spent a total of Rs 15,538 crore on various projects since 2013-14.

The Minister said over the past five decades, the DRDO has developed large number of military systems, technologies and products and put their value at Rs 2.50 lakh crore.

Replying to a separate question, Bhamre said 92 contracts involving Rs 83,544 crore were signed with Indian vendors for procurement of various military systems including helicopters and missiles.

A total of 55 contracts for procurement of defence equipment and weapons were signed with foreign vendors during the period.

Bhamre said the expenditure on capital acquisition in 2015-16 was Rs 61,761 crore against the revised budgetary allocation of Rs 65,400 crore.

In the current fiscal, the expenditure on capital acquisition was Rs 65,838 crore till February against revised estimate of Rs 71,700 crore.

To a question on one-rank-one-pension, the Minister said the number of eligible persons for the benefit was 20,75,165 and a sum of Rs 12,456 crore has been allocated for the year 2016-17.

The Minister said the first installment and lump sum amount has been paid to 19,93,815 beneficiaries for which Rs 4,076 crore were spent.

The number of beneficiaries paid the second instalment was 15,57,950 for which an amount of Rs 2,298 crore has been disbursed.

To another question, Bhamre said based on operational requirement of army, construction/improvement of 530 roads have been included in the Long Term Roll on Works Plan of Border Roads Organisation.

Tags:

Line Spacing+- AFont Size+- Print Article

Other Related News

Israel Aerospace Industries inks USD630 mln missile defence systems deal with India

State-owned Israel Aerospace Industries said on Saturday it has closed another major deal worth USD 630 million with India to supply advanced long range air and missile defence systems for four ships of the Indian Navy.

Upcoming Defence Exhibitions

BRAHMOS Missile Systems

Headlines

Brahmand World Defence Update 2017

Image Gallery