Naval Projects

Modi government has cleared the indigenous construction of seven stealth frigates and six nuclear-powered attack submarines, which together will cost well upwards of Rs 1 lakh crore.
Under the 'Project-17A' for stealth frigates, four will be constructed at Mazagon Docks in Mumbai and three in Garden Reach Shipbuilders and Engineers in Kolkata.

Ref:

1. http://timesofindia.indiatimes.com/india/Govt-approves-construction-of-7-stealth-frigates-6-nuclear-powered-submarines/articleshow/46281364.cms
2. http://thediplomat.com/2015/02/india-approves-8-billion-plan-for-nuclear-subs-stealth-frigates/

cost_₹ 100'000 Cr Defence Sea

One Rank One Pension (OROP) for Veterans

One Rank One Pension (OROP) is the demand for "same pension, for same rank, for same length of service, irrespective of the date of retirement from Indian Military Service.

On 5 September 2015 the Modi Government, following 83 days of public protest, announced, unilaterally, the implementation the 'OROP Scheme' for the Armed Forces. The order to implement OROP was issued two months later on On 7 November 2015.

The issue of OROP was pending with several governments for decades. This is considered as a key achievement of Modi and an indicator of his ability to take tough decisions and clear logjams.

Ref: 

1. https://en.wikipedia.org/wiki/One_Rank,_One_Pension

cost_₹ 8'000 Cr Defence Welfare

Rafale fighter aircraft for Air Force

 India is planning to buy 36 "ready-to-fly" French-made Rafale fighter jets to modernise country's aging warplane fleet. Deal is still under negotiation. Airforce  combat jet fleet, is depleting fast and Rafale jets are much anticipated replacement.

The original plan was for 126 MMRCA (medium multi-role combat aircraft), out of which 18 were to be imported, while 108 were to be manufactured by HAL. Now this plan has been dropped.

During his visit to France last month, Prime Minister Narendra Modi had conveyed to the French government that in view of the critical operational necessity for Multirole Combat Aircraft for Indian Air Force, the Indian government wanted to acquire (36) Rafale jets in fly-away condition as quickly as possible.

India and France are set to sign the deal for 36 Rafale fighter aircraft on the eve of French President François Hollande’s visit to India for the 2016 Republic Day celebrations.

Air force cost_US$ 9 Billion Defence Fighter