R&D work at the Defence Research and Development Organisation (DRDO) has been hit by an unchanged budget allocation for the past three years, a senior defence official has said, warning that it would have an adverse effect on building indigenous capabilities if money is not pumped in. “In the last three years, the (DRDO) budget has remained constant to Rs 10,000 crores,” said Mr Avinash Chander, adviser to the defence minister. “The dollar rate has increased, there is inflation and salaries are rising each year. Effective purchasing power is coming down. (Therefore) What I can invest in R and D is reducing. This is not a good sign,” Mr Chander said while speaking to journalist on the sidelines of the 9th International Radar Symposium India, 2013 in the city.
Source: Deccan Herald