Defence Budget Of India

Parliament session 2024: The BJP - led by PM Modi, Home Minister Amit Shah, and Defence Minister Rajnath Singh - hit back strongly to Rahul Gandhi's speech in Parliament on Monday afternoon, accusing the Congress MP of insulting all Hindus.

Interim Budget 2024: In a modest hike, the government on Thursday increased the defence budget to Rs 6.21 lakh crore for 2024-25 from last year's allocation of Rs 5.94 lakh crore and announced an ambitious scheme for "deep-tech" technologies

Finance Minister Nirmala Sitharaman today presented her sixth Union Budget in a row, equalling the record of former Prime Minister Morarji Desai. The Interim Budget indicated the government's focus on women, youth and farmers in an election year.

A parliamentary standing committee on Wednesday recommended higher budgetary outlay for research and development in the annual defence budget in line with India's aspirations to become a global leader in manufacturing of military platforms.

Cash-strapped Pakistan on Friday hiked defence spending by 15.5 per cent and allocated over Rs 1.8 trillion, as the government unveiled a Rs 14.4 trillion budget for 2023-24 as it battled to fend off a looming default due to shrinking foreign reserve

The capital budget of the Indian Army should be increased to facilitate enhancing its deterrent capacity to ward off challenges from the two "hostile" neighbours, a parliamentary panel said on Tuesday in an apparent reference to Pakistan and China.

China on Saturday signalled at increasing its defence budget, the second biggest after the US, citing "complex security challenges" ahead of its annual Parliament session.

Defence Minister Rajnath Singh said on Wednesday that a new era of self-reliance in India's defence sector is being paved, in which the country will move forward strongly on the path of progress with new energy, determination and enthusiasm.

The defence budget was increased to Rs 5.94 lakh crore for 2023-24 from last year's allocation of Rs 5.25 lakh crore.

President Droupadi Murmu today lauded India's indigenous defence manufacturing and said that the country's defence exports have increased manifold due to the initiatives of the government.

India's military spending for the year 2021 was ranked as the third highest in the world, the government said citing data collated by Stockholm-based defence think-tank SIPRI.

Emphasising the need for self-reliance and sufficiency in critical defence requirements, the Chief of the Indian Army staff, General Manoj Pande, on Thursday, said that a budget of 9,000 crore has already been given to Indian Defence industries.

The Defence Ministry today said it had set aside 64 per cent of the capital acquisition budget for domestic industry in the financial year 2021-22 and has been able to "over achieve" the target.

Adequate budgetary allocations must be made available to the armed forces in view of the present scenario of heightened tensions with certain neighbouring countries, the Parliamentary Standing Committee on Defence said on Wednesday.

Defence Minister Rajnath Singh makes a statement in Rajya Sabha on the "Inadvertent firing of Missile" that landed in Pakistan last week.

Parliament session 2024: The BJP - led by PM Modi, Home Minister Amit Shah, and Defence Minister Rajnath Singh - hit back strongly to Rahul Gandhi's speech in Parliament on Monday afternoon, accusing the Congress MP of insulting all Hindus.

Interim Budget 2024: In a modest hike, the government on Thursday increased the defence budget to Rs 6.21 lakh crore for 2024-25 from last year's allocation of Rs 5.94 lakh crore and announced an ambitious scheme for "deep-tech" technologies

Finance Minister Nirmala Sitharaman today presented her sixth Union Budget in a row, equalling the record of former Prime Minister Morarji Desai. The Interim Budget indicated the government's focus on women, youth and farmers in an election year.

A parliamentary standing committee on Wednesday recommended higher budgetary outlay for research and development in the annual defence budget in line with India's aspirations to become a global leader in manufacturing of military platforms.

Cash-strapped Pakistan on Friday hiked defence spending by 15.5 per cent and allocated over Rs 1.8 trillion, as the government unveiled a Rs 14.4 trillion budget for 2023-24 as it battled to fend off a looming default due to shrinking foreign reserve

The capital budget of the Indian Army should be increased to facilitate enhancing its deterrent capacity to ward off challenges from the two "hostile" neighbours, a parliamentary panel said on Tuesday in an apparent reference to Pakistan and China.

China on Saturday signalled at increasing its defence budget, the second biggest after the US, citing "complex security challenges" ahead of its annual Parliament session.

Defence Minister Rajnath Singh said on Wednesday that a new era of self-reliance in India's defence sector is being paved, in which the country will move forward strongly on the path of progress with new energy, determination and enthusiasm.

The defence budget was increased to Rs 5.94 lakh crore for 2023-24 from last year's allocation of Rs 5.25 lakh crore.

President Droupadi Murmu today lauded India's indigenous defence manufacturing and said that the country's defence exports have increased manifold due to the initiatives of the government.

India's military spending for the year 2021 was ranked as the third highest in the world, the government said citing data collated by Stockholm-based defence think-tank SIPRI.

Emphasising the need for self-reliance and sufficiency in critical defence requirements, the Chief of the Indian Army staff, General Manoj Pande, on Thursday, said that a budget of 9,000 crore has already been given to Indian Defence industries.

The Defence Ministry today said it had set aside 64 per cent of the capital acquisition budget for domestic industry in the financial year 2021-22 and has been able to "over achieve" the target.

Adequate budgetary allocations must be made available to the armed forces in view of the present scenario of heightened tensions with certain neighbouring countries, the Parliamentary Standing Committee on Defence said on Wednesday.

Defence Minister Rajnath Singh makes a statement in Rajya Sabha on the "Inadvertent firing of Missile" that landed in Pakistan last week.