Govt raises defence budget to over Rs 3 lakh crore

Finance Minister Piyush Goyal on Friday increased defence budget to over Rs three lakh crore for the financial year 2019-20 in the budget presented in Lok Sabha. “Our defence budget will be crossing Rs 3,00,000 crore for the first time in 2019-2...

MSP issue: Departments of MoD appear to be at cross-purpose

Two departments of Defence ministry appeared to be at cross purposes in ensuring implementation of the Military Service Pay (MSP). A procedural wrangle between the Defence ministry and the Finance ministry is keeping at bay the implementation of...