PRODUCTS WORTH RS 2.5 LAKH CRORE DEVELOPED BY DRDO

PRODUCTS WORTH RS 2.5 LAKH CRORE DEVELOPED BY DRDO


Welcome to WARN, Todays news is. PRODUCTS WORTH RS 2.5 LAKH CRORE DEVELOPED
BY DRDO The DRDO has developed and upgraded military
systems, products and technologies worth over Rs 2.5 lakh crore for the armed forces. The figure does not include the strategic
systems the premier defense research organisation developed, Minister of State for Defense Subhash
Bhamre said, replying to a question in Rajya Sabha. He said the DRDO has spent a total of Rs 15,538
crore on various projects since 2013-14. The Minister said over the past five decades
the DRDO has developed a large number of military systems, technologies and products and put
their value at Rs 2.50 lakh crore. Replying to a separate question, Bhamre said
92 contracts involving Rs 83,544 crore were signed with Indian vendors for procurement
of various military systems including helicopters and missiles. A total of 55 contracts for the procurement
of defense equipment and weapons were signed with foreign vendors during the period. Bhamre said the expenditure on a capital acquisition
in 2015-16 was Rs 61,761 crore against the revised budgetary allocation of Rs 65,400
crore. In the current fiscal the expenditure on capital
acquisition was Rs 65,838 crore till February against revised estimate of Rs 71,700 crore. To a question on one-rank-one-pension, the
Minister said the number of the eligible person for the benefit was 20,75,165 and a sum of
Rs 12,456 crore has been allocated for the year 2016-17. The Minister said the first installment and
lump sum amount has been paid to 19,93,815 beneficiaries for which Rs 4,076 crore were
spent. The number of beneficiaries paid the second
installment was 15,57,950 for which an amount of Rs 2,298 crore has been disbursed. To another question, Bhamre said based on
the operational requirement of the army, construction/improvement of 530 roads have been included in the Long
Term Roll on Works Plan of Border Roads Organisation.

Eugene Islam

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