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Army decides to go big on indigenisation of critical spares

The Ordnance Factory Board has reportedly decided to bring down import of spares and components from current 60% annually to 30% in the next three years

1 min read23 Jul 2017

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Budget

The 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

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