With just Rs 1.8L cr allocated in the 2014-15 and 2015-16 budgets for purchase of hardware, Make in India initiative in the military hardware sector will remain a distant dream.
The government is now likely to provide 80 per cent of the research funding for promoting domestic manufacturing in the defence sector.
Facing a road block in Parliament, the govt has now decided to go slow on the contentious Land Acquisition bill and may let the ordinance promulgated on the issue lapse.
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