Govt blames Russia for increase in Navy destroyer cost

Inflation has hit the navy hard, and the government says the Russians are partly to blame. The cost of building next generation naval warships at local shipyards has skyrocketed.

The three Kolkata-class destroyers under project 15 A were estimated to cost Rs 16,000 crore, but has gone up by 225 per cent.

Another flagship programme to construct state-of-the-art stealth frigates, known as Project 17, has overshot its estimate of Rs 8,000 crore by 260 per cent.

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