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MODERNISATION FUNDS (1) answer(s).
 
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Defence budget 2016: hits and misses for the IAF / Chopra, Anil   Journal Article
Chopra, Anil Journal Article
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Contents March 2016 was an eventful month for the Indian Air Force (IAF) on many counts. The Indian defence forces were still recovering from the lower than expected increase in the defence allocation in Budget 2016-2017. In fact, the Finance Minister for the first time did not even mention the allocation for defence in his speech in the Parliament. With dithering modernisation, the capital fund allotments were considered rather meagre. The IAF’s Exercise Iron-Fist 2016 on March 18 was the largest ever show of air power. In spite a great event, there were a few clearly visible weapons misses that were critically talked about.
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