V
V.Balasubramani
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Manohar Parrikar's defence rejig saved Rs 49,300 crore
NEW DELHI: In a rare exercise, India's air defence plans have been altered after an intervention by defence minister Parrikar that may have saved the taxpayer Rs 49,300 crore in acquisitions over the next decade.
Faced with the high cost of acquiring the Russian S 400 long range missile shield - the cutting edge system that can bring down incoming stealth fighters and missiles at a range of 380 km - the minister ordered a review of the 15 year long term plan to purchase new air defence systems upto 2027.
Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst
NEW DELHI: In a rare exercise, India's air defence plans have been altered after an intervention by defence minister Parrikar that may have saved the taxpayer Rs 49,300 crore in acquisitions over the next decade.
Faced with the high cost of acquiring the Russian S 400 long range missile shield - the cutting edge system that can bring down incoming stealth fighters and missiles at a range of 380 km - the minister ordered a review of the 15 year long term plan to purchase new air defence systems upto 2027.
Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst
