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DEFENCE BUDGET 2018
Budget 2019: Rs 3.18 lakh crore allocated to defence budgetThe allocation of Rs 3.18 lakh crore has been estimated at around 1.6 per cent of the GDP.
Budget 2019: No mention of Defence outlay in Sitharaman speechIndia’s defence budget, although among the world’s highest, is barely enough to cover the ambitious modernisation goals that the country ha...
Parliamentary standing committee criticises government for inadequate allocation of funds to ArmyFor the army, the committee observed that during 2018-19, “against the projection of Rs 1,96,387,36 crore the allocation was Rs 1,53,875.22...
Defence budget may appear to be decreasing due to high economic growth: GovtIn the Union budget, the government had allocated Rs 2.95 lakh crore to defence forces which is estimated to be around 1.58 per cent of the...
Defence spend as percentage of GDP has fallen world overGovernment allocated Rs 2.74 lakh crore for defence in the 2018 budget. This will amount to 1.56% of the country’s GDP, making this allocat...
AAP govt allocates nearly Rs 14,000 cr for education sector in its budgetIn the budget for the financial year 2017-2018, 23.5 per cent of the total budget amount was allocated for the education sector.
India's armed forces got Rs 1.21 lakh crore less than what they demanded in budgetSources said the Army was struggling to make emergency procurements when China and Pakistan were modernizing their defence forces in "full ...
China defence budget $175 billion; India’s $45 billionIn 2016, China began implementing major military modernisation and organisational reforms, aimed at transforming the PLA to conduct joint o...
BEL has robust order book, expects revenue to top Rs 10,000 crore this fiscal“We expect Rs 10,000 crore of average orders coming to us in the next 4-5 years,”
Leaner, meaner, integrated forces needed as purse strings tightened70-80% of the capital outlay every year goes for “committed liabilities or installments” for deals inked earlier, leaving very little for n...
Defence budget inadequate to meet modernisation, infra demands: ExpertsExperts said a certain amount of budgetary allocation should be maintained to fill operational voids and meet future requirements, and this...
Defence Budget: Nothing to hasten modernisation of armed forcesIt is difficult to say how much will be left for the new schemes but it cannot be anything substantial. It does not mean the end of the roa...
National security: India needs to nurture indigenous-technology driven policy focusThe budgeted estimate for 2018-19 for defence is pegged at Rs 2,95,511 crore and a separate allocation of Rs 1,08,853 crore has been made f...
Budget 2018: Defence sector gets a boost by 7.81%The Union Budget for 2018-19 was presented by Finance Minister Arun Jaitley in Parliament today, which envisages a total outlay of Rs 24,42...
Here's how to fix India's defence Budget: More allocation, fewer soldiersIn the last year's Budget, defence spending received the smallest chunk of 12.22 per cent out of total budget outlay in the last two decade...
US Congress passes $700 billion defence billThe NDAA-2018 asks the Secretary of State and the Defence Secretary to come out with a common definition that recognises India's status as ...
Pakistan raises defence budget by 11%Finance Minister Ishaq Dar announced to set the 5.7 per cent GDP growth against 4.7 per cent growth which was achieved in the outgoing year.