As for the comments by the army chief, it's difficult to imagine that one of the largest fighting forces on the planet runs operates with reserves for only two days. I'm guessing that his comments with respect to ammo of a certain specification was confused as the status quo of "ammunition" at large. Just a guess, though.
But, if the ammo is genuinely so low, perhaps, the govt would need to urgently revisit its recent decision on blacklist some defence suppliers.
Cheers.
Speculate all you wish but this statement shows something about Indian army whether it be liars, incompetent or just foolishness on the part of the Indian army chief