Highlights of the Defence Budget 2022-23
The Union Budget was presented by the Finance Minister on 1 February 2022. With ~12.82% increase in capital outlay for defence expenditure, the government...
Marginal Increase in Defence Budget 2021-22
Chinese Adventurism Demands Speedy Modernisation
The defence budget, for Financial Year 2021-22, including outlay for payment of pensions, was increased to Rs 4.78 lakh crore...
SIPRI ‘Trends in World Military Expenditure, 2019’
Global military expenditure saw its biggest uptick in a decade in 2019 rising to $1.9 trillion, according to the latest survey by the Swedish...
Defence Expenditure : Defence Budget 2020-21
The defence budget for the year 2020-21 has been raised by just 5 per cent over the current year's revised allocations, following a multi-year...