Grappling with a spending crunch that could hit its modernisation efforts, the Indian Air Force (IAF) has sought additional money from the government to buy new equipment and also pay for weapons and systems it has already contracted to purchase, two senior IAF officials said on condition of anonymity.

The capital expenditure of Rs 39,300 crore earmarked for IAF in this year’s budget is not enough to upgrade capabilities and more money needs to be pumped in to avoid a funding crisis, said one of the officials cited above. IAF requires at least Rs 40,000 crore more to pursue its modernisation, he added.
 

Grappling with a spending crunch that could hit its modernisation efforts, the Indian Air Force (IAF) has sought additional money from the government to buy new equipment and also pay for weapons and systems it has already contracted to purchase, two senior IAF officials said on condition of anonymity.

The capital expenditure of Rs 39,300 crore earmarked for IAF in this year’s budget is not enough to upgrade capabilities and more money needs to be pumped in to avoid a funding crisis, said one of the officials cited above. IAF requires at least Rs 40,000 crore more to pursue its modernisation, he added.