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Defence Spending Hiked Amid Push for Modernisation
Hindustan Times Noida
|February 02, 2025
India on Saturday set aside more than ₹6.81 lakh crore for defence spending in the Union Budget for 2025-26, including ₹1.8 lakh crore for the modernisation of the military at a time when its shopping list encompasses fighter jets, helicopters, warships, submarines, tanks, artillery guns, drones, and rockets and missiles.
NEW DELHI:
A significant portion of the modernisation outlay will be spent on buying weapons, systems and equipment from domestic suppliers to achieve the self-reliance goal, a top priority for the government.
The allocation is 9.5% higher than what it was in the budget estimates (₹6.23 lakh crore) for the financial year 2024-25, and around 6% more than last year's revised estimates (₹6.41 lakh crore), the budget documents show. To be sure, finance minister Nirmala Sitharaman did not touch upon the defence allocation in her budget speech.
Denne historien er fra February 02, 2025-utgaven av Hindustan Times Noida.
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