ZisNews - Breaking News & Updates

THe Narendra Modi regime is all go under to greenlight the acquisition of 26 Rafale-Maritime walk out fighters this month, continuing the trend of increased working capital outlay on defence equipment. In 2024-25, the NDA government spent in excess of ₹2 lakh crore on this.HT learns that the $7.6 billion fighter jet deal is all set to go before the Cabinet Committee on Security (CCS) later this month and will be followed by government approval for three additional diesel electric submarines after all the stakeholders are brought on the same page. The Rafale-M fighters will be used to give more teeth to the Indian Navy at sea onboard India’s two aircraft carriers, while the additional submarines will strengthen conventional deterrence in the Indian Ocean Region (IOR).The defence ministry signed 193 contracts in 2024-2025 with an outlay of ₹209059.85 crore as compared to 192 contracts worth ₹104855.92 crore in 2023-2024. Since the Narendra Modi government took office in 2014, the ministry has signed 1096 contracts worth nearly ₹10 ( ₹946225.48) lakh crore.The numbers showed that that capital expenditure touched a peak in 2024-2025 with no surrender of any funds as compared to the previous four years. In 2020-2021, the ministry surrendered funds of ₹205 crore, in 2021-2022, ₹863 and in 2022-2023, ₹7055.99 crore. Even in 2023-24, the ministry surrendered ₹2971.97 crore. Simply put, while the Modi government was allocating significant funds for capital outlay, the defence ministry could not spend the amount, leading to lower revised estimates.With India’s neighbours, particularly China upgrading border infrastructure all along the 3488 km LAC (line of actual control) and countries in the Indian sub-continent showing signs of serious political and financial stress, the Modi government has decided to give top priority to military capacity building with focus on ‘Aatmanirbhar Bharat.’It is understood that top officials have been given the task of project management and accountability for indigenous capacity building by making Defence PSUs such as HAL and BEL more answerable and timeline-conscious. DRDO has also been told firmly that the nation cannot wait for never ending testing of hardware platforms given that the global instability is going to be the norm in the near future.

Global News Perspectives

In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.

Customizable News Feed

At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.

Like or Comment on News

Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.

Download the Android App

For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.

Diverse News Categories

With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.

Modi govt adds military teeth by massive capital spending

Global News Perspectives

Customizable News Feed

Like or Comment on News

Download the Android App

Diverse News Categories

Category News

Country News