कोशिश गोल्ड - मुक्त
More firepower for defence spending
Mint Mumbai
|February 02, 2024
India on Thursday set aside ₹6.2 trillion for defence spending in the interim budget for FY25, an allocation that was 4.72% higher than in last year's budget estimates and marginally lower (0.37%) compared to the revised estimates for FY24.
In her budget speech, finance minister Nirmala Sitharaman also announced a new scheme to strengthen deep tech in the defence sector.
This year's defence budget accounts for 1.89% of the projected gross domestic product (GDP) for FY25.
The budget includes a revenue expenditure of ₹2.8 trillion, capital outlay of ₹1.7 trillion and a pension outlay of ₹1.4 trillion.
The capital outlay for the modernization of the armed forces is 5.78% higher than last year.
यह कहानी Mint Mumbai के February 02, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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