After a rare overspend in Fiscal Year 2010-11, the Indian Ministry of Defence (MoD) returned to a trend of underspending in its military procurement budget in FY11-12.
In FY11-12 the MoD failed to use INR30.55 billion (USD 606 million) of procurement funds, FY12-13 budgetary documents reveal
[first posted to http://jdw.janes.com - 23 March 2012]
[first posted to http://jdw.janes.com - 23 March 2012]
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