Death Rattle
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Antony, however, ruled out any cut in the defence budget, saying, "These are all rumours. Our Ministry is trying to speed up (the modernisation process) without compromising procedures. From our Ministry's side, there is no question of slowing down."
The Defence Ministry has been allocated Rs 1.93 lakh crore in the budget for the current fiscal. It has also made a demand for an additional Rs 40,000 crore for meeting modernisation requirements of the three Services.
Defence Ministry struggling to get budget allocation: Antony