Jaitley announces Rs 2,74,114 cr for defence

New Delhi, Feb 1 (IANS) Union Finance Minister Arun Jaitley on Wednesday announced an allocation of Rs 2,74,114 crore for defence, excluding pensions.

"For defence expenditure excluding pensions, I have provided a sum of Rs 2,74,114 crore including Rs 86,488 crore for defence capital," Jaitley said delivering his Budget speech for financial year 2017-18.

To reduce the grievances of defence pensioners, Jaitley announced creation of web based interactive pension distribution system for defence pensioners, and said, "This system will receive pension proposals and make payment centrally. This will reduce the grievance of the defence pensioners."

To end the hassle of booking railway tickets for service personnel, Jaitley announced an online tickets booking system, and said, "They do not have to face the hassle of standing in the queues with the railway warrant."

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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