• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar

Govtempdiary

  • Home
  • 7th CPC Calculator
  • Pay Matrix
  • AICPIN

8th Pay CommissionPay Matrix
AICPINDA Calculator 2025

Shortage of Funds in DRDO

April 1, 2017 by rajasinghmurugesan Leave a Comment

Shortage of Funds in DRDO 

In the financial year 2016-17 Budget Estimates (BE) of Defence Services Estimates and Ministry of Defence (Miscellaneous) was Rs. 2,58,589.32 crore, whereas for the financial year 2017-18 BE is Rs. 2,74,114.12 crore, which is around 6% more of the BE for the year   2016-17.  The funds are allocated to meet Salary requirements, operational revenue expenses, contractual commitments and some fresh modernization schemes.  Additional requirement of funds as necessary will be projected depending on pace of utilization of allocation, progress of ongoing and new modernization schemes and priority requirements.

The BE allocation to Defence Research Development Organization (DRDO) for the financial year 2016-17 was Rs 13,593.78 croes whereas for the financial year 2017-18 BE allocation is Rs. 14,818.74 crores. Additional requirement of funds for DRDO, if necessary, will be projected depending on pace of utilization of allocation and progress of ongoing and new schemes / projects.  DRDO is managing within the budgetary allocation by re-prioritizing the project activities.

This information was given by Minister of State for Defence Dr. Subhash Bhamre in a written reply to Shri R. Gopalakrishnan  in Lok Sabha .

Source: PIB

Filed Under: PIB NEWS

Recent Posts

  • 8th Pay Commission: Major Salary Hike Expected for Government Employees January 16, 2025
  • CPI-IW November 2024 Update – All-India Consumer Price Index January 6, 2025
  • EPFO UAN Activation 2024: AADHAAR Seeding Guidelines for ELI Scheme December 16, 2024
  • EPS Pension Increase: Updates on Minimum Pension Hike for 2024 December 13, 2024
  • Good News for Ex-Servicemen: ECHS Gets a Major Boost December 12, 2024

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

  • Home
  • 8th Pay Commission
  • 7th CPC Calculator [updated]
  • Pay Matrix
  • Dopt orders
  • DA News
  • AICPIN
  • DA 2024
  • DA Calculator 2025
  • Superannuation Date Calculator

GET FREE EMAIL UPDATE

Secondary Sidebar

Categories

Copyright © 2010–2025 - Central Government Employees News - Govtempdiary