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Home>>defense export

Tag: defense export

ArticleIndia

Is Budget Allocated To Defense Sufficient Practically?

Pooja YadavFebruary 12, 20220

We have seen an increment in the allocation of finance for defence in the current Union budget. The allocated budget to the defence sector is Rs 5.25 lakh crore. Out of this, Rs 2.33 lakh crore is allowed for revenue expenditure for maintenance of salaries and other purposes. Rs 20 thousand crores was allocated to the ministry of defence and Rs 1.39 lakh crore for the pensioners. Rs 1.5 lakh crore for the capital expenditure was allotted including purchasing of military equipment, warships, and other hardware. In a layman language, we can understand in this way that 28% of the total fund allocated to the defense sector is available for the modernization of our forces. India's vulnerability in this hostile situation is increasing rapidly, the lack of funds for new weapons, ai...

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