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Defence funding: On guard but unchanged
Business Standard|July 24, 2024
Current defence allocation’s impact on overall spending still unclear
- AJAI SHUKLA
Defence funding: On guard but unchanged

The new government's defence allocation for 2024-25 is almost the same amount that it allocated in the Interim Budget presented in February.

As against 6,21,541 crore that the central government had set aside for defence spending in February, Finance Minister Nirmala Sitharaman announced the allocation of ₹6,21,941 crore for national defence on Tuesday - up by just ₹400 crore.

It remains to be seen how the current allocation fares as a percentage of government defence spending during the year.

The Interim Budget had allocated 13.2 per cent of an estimated government spending of ₹45,03,097 crore to defence.

هذه القصة مأخوذة من طبعة July 24, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

Defence funding: On guard but unchanged
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هذه القصة مأخوذة من طبعة July 24, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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