Jan 13, 2021
Category: Headlines
Slot 02 – top right corner
Biden: Will hold China accountable, matches Trump’s policy
Decisive shift India allocates $ 18 Bn for military equipment
An allocation of almost $ 18 billion, under what is called the ‘Capital head’ of its budget, is the largest increase in 15 years when calculated on an year-on-year basis. It also almost doubles the allocation within past four years. In the budget presented in February 2017 the allocation was Rs 69,473 Crore ( approx $ 9.26 billion).
India-Israel partnership now has Army version MRSAM with 100 Km range
The Missile with a strike range of 100 kms has been developed by Defence Research and Development Organisation (DRDO) in a collaboration with Israel Aerospace Industries (IAI). The new generation missile is aimed to neutralise airborne threats — jets, missiles, UAV’s, rockets, including projectiles launched simultaneously. The missile can travel at ‘Mach 2’.
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