1.5 Lakh Job Cuts May Give Army Rs 7,000 Crore To Buy Weapons
At the moment, 83 per cent or Rs 1.28 lakh crore of the army's total budget goes towards its revenue expenses - day-to-day running costs and salaries. This does not include the army's annual pension pay out which is independently accounted for.
Sources in the army clarified that the proposal to reduce manpower is still to be accepted. (File)