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Last year, the Budget Estimate for capital expenditure stood at Rs 1.80 lakh crore, which was later revised upward to Rs 1.86 lakh crore in the Revised Estimates. Under Capex, aero-engines and aircraft have been allocated Rs 6.37 lakh crore for new projects, including the induction of the Rafale fighter jet from France’s defence major Dassault Aviation.

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