Defence Minister Rajnath Singh today called for devising innovative methods to maximise the value of money spent on the security needs of the country, terming a robust defence finance system as the backbone of a strong military.
Inaugurating the three-day International Conference on Defence Finance & Economics, he asserted that a legal and procedural defence-finance framework was an integral part of a mature state system, which ensured prudent management of the defence expenditure.
Mr Singh stated that such a framework, which included expenditure control as per guidelines, financial advice by professionals, audit, payment authentication mechanism, etc., ensured that the defence spending was well within the allocated budget and the full value of money was realised.
Bu hikaye The Statesman dergisinin April 13, 2023 sayısından alınmıştır.
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Bu hikaye The Statesman dergisinin April 13, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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