₹50,000 cr capital spend this year; no fund shortage, says Army Chief General Upendra Dwivedi

The Indian Army is set to exceed its capital budget, spending close to ₹50,000 crore on new weapons and systems this financial year. This significant spending drive, fueled by faster decision-making and a focus on capability enhancement, is largely benefiting the private sector. The government has assured additional funds if needed, reflecting a shift from past procurement delays.