Finance minister Arun Jaitley caught between 3 defence chiefs’ demand for 2 % of GDP in budgetary allocation, his officers say no money in central exchequer Jaitley holds twin portfolio of Defence and Finance ministries, on hike in defence budget officials say money can be arranged only via subsidy cut UPA set aside lowest ever 1.74 % (Rs 2,24,000) of GDP allocation as … [Read more...] about Jaitley Caught in Defence-Finance Crossfire