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CONSOLIDATED BUDGET FOR THREE SERVICES ENSURES NO CAPITAL FUND SHORTAGE.

Why in the news ? Consolidation of defence budget ensures no capital fund shortage for Indian Air Force; streamlining procurement and enhancing flexibility. source:BS About the Capital Funds Consolidation: The Indian Air Force (IAF) assures no shortage of capital funds due to consolidation in the defence budget for 2024-25. Previously, capital funds were allocated separately …

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