The capital outlay for 2021-22 is an increase of 18.75 % compared to last year's allocation of ₹ 1,13,734 crore. "The modernisation drive of Indian Army is well on course. "A number of capital acquisition proposals too are underway concurrently," the Chief of Army Staff said. In the last few years, military experts have been pitching for rapid modernisation of the Indian armed forces to effectively deal with China's increasing assertiveness. The two sides have held 11 rounds of military talks to ensure disengagement and de-escalation at the friction points.

Source: The Hindu May 30, 2021 11:14 UTC