Thursday, 1 October 2020

Curbs on defence spending eased due to LAC row

The ongoing military confrontation with China along the line of actual control has prompted the government to ease spending restrictions on defence while keeping tabs on expenditure on non-essential services. The expenditure control guidelines for the third quarter of the financial year issued by the finance ministry on September 28 has also provided relaxation for the fertiliser ministry as well ahead of the sowing season.

from Times of India https://timesofindia.indiatimes.com/india/lac-row-govt-eases-curbs-on-defence-spending/articleshow/78439235.cms
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