The Indian Navy’s Indigenous Aircraft Carrier Vikrant, being constructed at Cochin Shipyard is likely to be launched into the sea in the first quarter of 2011, a little later than earlier scheduled (end of this year). Also, the army’s Request For Information (RFI) issued for MANPADS VSHORAD has caused some bewilderment. And the Ministry of Finance seems really serious about economizing and is looking around now to cut hidden or less obvious perks.
