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DEFENCE BUDGET 2019
What made Putin sell 22,000 kg gold from Russia this year?Russia’s central bank has sold 21.8 tonnes or 22,000 kilograms of gold so far in 2026 to help fund the country’s widening budget deficit, w...
Despite IMF scrutiny, Pakistan boosts defence spend by 16%Pakistan has increased its defence budget by 16.4%, despite seeking a bailout deal from the IMF to prevent economic collapse. The latest al...
Eyes on OROP: Centre mulls roll out of arrears for defence pensionersDefence pensioners are set to get arrears in excess of Rs 2,000 crore as the government will revise all scales with effect from 2019, with ...
Supreme Court finds nothing wrong with government's OROP policyThe letter, issued to the chiefs of the three defence forces, had defined OROP as the payment of uniform pension to armed services personne...
Government departments to add over 1.4 lakh jobs between 2019 and March 1, 2021: BudgetThe strength of government establishments was 32,71,113 as on March 1, 2019, which is estimated to increase to 34,14,226 by the first day o...
Marginal increase in defence budget could mar new acquisitionsThe disappointing part is that there has been a very marginal increase in the capital outlay for defence for 2020-21 as compared to the bud...
China hikes defence budget to USD 179 billion, nearly three times that of IndiaChina, which has the world's largest military of two million troops, will continue to lower its defence budget growth rate to 6.6 per cent ...
China's defence budget likely to grow despite economic cost of coronavirusChina set a 7.5% rise for the defence budget in 2019, outpacing what ended up as full-year gross domestic product (GDP) growth of 6.1% in t...
Government committed to fiscal consolidation without compromising on expenditureThe minister also said the government has set the fiscal deficit target at 3.3 per cent of GDP for 2019-20.
View: Why Sitharaman's budgetary allocation is unlikely to satisfy defence establishmentUnder Sitharaman’s leadership as defence minister before becoming FM, the armed forces had projected a combined shortfall of nearly Rs 1,12...
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: Duty exemption to improve cash flow of forcesFinance minister Nirmala Sitharaman reversed the customs duty on defence items that was imposed in 2016, a move that will reduce paperwork ...
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...
Funding not a constraint for defence preparedness: Rajnath SinghReplying to queries during Question Hour, the minister said the government will not allow any compromise on the defence preparedness due to...
Defence forces get 7% hike in Modi's last BudgetHowever, going by the figures provided by the Defence Ministry last year, the hike is only Rs 9,785 crore, which is a meagre 3.3 per cent.
Defence budget pegged at Rs 3.05 lakh crorePresenting an interim budget for 2019-20 in Parliament, Union Minister for Finance and Corporate Affairs Piyush Goyal said additional funds...
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.