Question : Funds for Modernisation of Projects

(a) whether the capital funds budgeted for modernisation projects have remained unutilised;
(b) if so, the extent of the underutilization and the reasons therefor; and
(c) the steps taken to ensure that resources budgeted for modernisation are fully utilized in the future?

Answer given by the minister

MINISTER OF STATE (SHRI SHRIPAD NAIK)
IN THE MINISTRY OF DEFENCE
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(a) to (c): A statement is attached.

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