India Today

THE NAVY RUNS INTO A BUDGET BOULDER

The Indian Navy’s planned acquisition of a third Indigenous Aircraft Carrier (IAC-2) is at risk of running aground. On December 3, during the annual navy press conference held in New Delhi, Chief of Naval Staff, Admiral Karambir Singh, iterated the Navy’s determination to acquire IAC-2. But the first Chief of Defence Staff, Gen. Bipin Rawat, one of whose primary tasks is to prioritise acquisitions in the three armed forces, has cited budget constraints.

At his first media interaction in February, after taking over as CDS in December 2019, Gen.

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