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The capital outlay for the three defence services for the purchase of new equipment, weapons, aircraft, warships and other military vehicles stood at Rs 86,488 crore for 2016-17 as compared to Rs 78,586 crore for this fiscal.

Defence budget up over 6.2 per cent at Rs 2.74 lakh cr in 2017-18

Budget documents show that revised capital budget for this fiscal is Rs 71,700 crores.

1 Feb 2017 5:52 PM IST