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Government wants Defence to generate non-lapasable fund from sale of its assets

Updated : February 23, 2021 11:30 AM IST

The defence ministry is expecting Rs 5000 crore annually from defence PSU stake sales.
Already, the Finance Commission has cut grants by the Centre to the states by 1 percent, to help the Centre raise Rs 1.53 lakh crore for the Defence Fund.
Published : February 23, 2021 11:01 AM IST

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