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Defence allocation enhanced to Rs 105,600 crore
New Delhi, Feb 29 (UNI) Finance Minister P Chidambaram has effected a ten per cent increase in defence spending in the General Budget 2008-09, raising it to Rs 105,600 crore from Rs 96,000 crore.
While presenting the Budget proposals in the Lok Sabha today, he assured that any further amount needed for the defence forces, especially for capital expenditure, would be provided.
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Story first published: Friday, February 29, 2008, 15:12 [IST]