Defence Allocations FY 2022-23

Highlights of the Defence Budget 2022-23

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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...
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Marginal Increase in Defence Budget 2021-22

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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...
Troops parading to commemorate the 90 anniversary of the founding of the PLA, Sep 2017.

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...
At 1.43 Per Cent of GDP, Only 5.8 Per Cent Hike

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...

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