Lockheed is bidding for a contract to supply the IAF with 114 combat planes and has offered to shift its F-16 production line from the US to IndiaLockheed said the wings of all future F-16s that the firm will sell worldwide will be produced in a JV with Tata Advanced Systems in Hyderabad
2 min read26 Sep 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared