Brahmand NewsPrevious Article
Brahmand NewsNext Article
Headlines
  • Kalvari submarine affirms Make in India's giant strides: MDL:-The commissioning of the first Scorpene-class submarine - 'INS Kalvari' - into the Indian Navy reaffirms the giant strides taken under the 'Make in India' programme, defence PSU Mazagon Dock Shipbuilders Ltd (MDL) said on Thursday....
  • PM commissions submarine Kalvari; says will boost Navy's might:-Prime Minister Narendra Modi on Thursday commissioned Scorpene-class submarine Kalvari into the Indian Navy. Defence Minister Nirmala Sitharaman, Navy chief Admiral Sunil Lanba and top defence officials were present at the commissioning ceremony....
  • President Trump signs USD 692 billion defence budget:-President Donald Trump on Tuesday signed a USD 692 billion defence budget, which among other things gives funding to provide legislative authority to implement his South Asia strategy and authorises critical missile capabilities to confront threats posed by North Korea....
  • India joins the Wassenaar Arrangement:-India on Friday said it has joined the Wassenaar Arrangement after completing the internal procedures and the membership will facilitate high-technology tie-ups for country's defence and space programmes. ...

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

India joins the Wassenaar Arrangement

India on Friday said it has joined the Wassenaar Arrangement after completing the internal procedures and the membership will facilitate high-technology tie-ups for country's defence and space programmes.

Upcoming Defence Exhibitions

BRAHMOS Missile Systems

Headlines

Brahmand World Defence Update 2017

Image Gallery