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DEFENCE BUDGET 2021
Parliamentary Panels flag ministries’ budget gaps: Funds cut at RE stage, still unspentParliamentary committees have flagged a consistent trend of central ministries failing to spend allocated budgets, leading to significant f...
‘We are not like India...’: Pakistan minister admits on live TV country has no strategic oil reserves, says stock only for five to seven daysPakistan's energy vulnerability is highlighted as Petroleum Minister Musadik Malik revealed that Islamabad possesses only a few days of cru...
India 2nd largest importer of arms in 2021–25, accounted for 8.2% of global arms receipts, think tank saysIndia ranks as the world's second largest arms importer. The nation is increasingly sourcing weapons from Western countries like France, Is...
Utilised 65.5 per cent of capital budget on indigenous procurement: MoD"At the end of 2021-22, the MoD has been able to over achieve this target and has utilised 65.50 per cent of capital acquisition budget on ...
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...
Increase in capital outlay of Defence amid pandemic is huge step, says IAF ChiefThe money has been used to acquire equipment like the Spice-2000 bombs, Spike anti-tank guided missiles, SiG Sauer assault rifles, Excalibu...
Not much of an increase in Defence Budget but China makes India spend Rs 20,776 croreNot much of an increase in Defence Budget but China makes India spend Rs 20,776 crore
Defence Budget 2021: India spent Rs 20,776 crore on emergency, unbudgeted defence expenses given China challengeThere has been a significant jump in the capital acquisition budget this time around, pegged at over 18 percent. This is expected to push t...
Budget has set highest ever capital expenditure target: Rajnath SinghThe minister, who made a series of tweets, said the budget has set the highest ever capital expenditure target in the history of Independen...
Defence Budget 2021: Rs 4.78 lakh crore allocated for defence, 19 percent increase in capital outlayRs 1.35 lakh crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military h...
Govt handing over India's assets to crony capitalists: Rahul Gandhi on Union BudgetThe government budgeted Rs 1.75 lakh crore from stake sale in public sector companies and financial institutions, including two PSU banks a...
Budget for 'Aatmanirbhar Bharat', will strengthen economy: Rajnath Singh"A forward-looking budget. It will make good on the government's USD 5 trillion economy promise. Multiple pluses:increased govt spending in...
Union Budget: Rahul demands support to MSMEs, farmers, workers for employment generationCongress chief spokesperson Randeep Surjewala said it was a challenge for Finance Minister Nirmala Sitharaman to move beyond "thinking and ...
Defence Budget 2021: With challenges on two fronts, all eyes on Defence BudgetIn 2020, the defence ministry was allocated Rs 4.71 lakh crore but a significant part of this (Rs 1.3 lakh crore) went to just pensions. Th...
View: It’s important to get real about what Budget can — and cannot — doFor starters, remember the budget is really a statement of GoI’s receipts and expenditure for the current year, and an estimate of receipts...
View: The age old dictum 'Butter vs Guns' takes front seat in Union Budget 2021For a nation which has been virtually at war, both overt and covert, the importance of military capability generation still is a discussion...
View: Thanks to China, GoI must look at the defence budget as a wider security budgetIn sum, the new China threat must prompt GoI to look at the defence budget as a wider security budget, not just a ledger on military expend...