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23 Jul 2024

FM Nirmala Sitharaman to present Union Budget 2024 today

01 Feb 2024

Defence Gets Rs 6.21 Lakh Crore In Interim Budget 2024-25

The budgetary allocation to the Defence for FY24-25 is higher by approximately one lakh crore (18.35 percent) than the allocation for FY 2022-23 and 4.72 percent more than the allocation for FY23-24.

01 Feb 2023

Defence Budget Increased by 13 %, Modernisation Budget Sees Moderate Hike

The revenue budget for the forces is also up by around Rs 30,000 crore as it has been pegged at Rs 2.70 lakh crore from Rs 2.39 lakh crore last year.

01 Feb 2023

BUDGET 2023: Captain UK Devnath Comments on Defense Budget

Budget session in India began on Tuesday. Finance Minister Nirmala Sitharaman will present the budget at 11 am today. Defense budget will also be given for the defense of the country. Commenting on this, Captain UK Devnath said, 'The defense budget should be such that we can prepare against the enemy.'

25 Feb 2022

Defence Ministry to set up panel to monitor budget spending: Rajnath Singh

Defence Minister Rajnath Singh said, "For promoting industry-led research and development (R&D) efforts, I would sanction at least five projects under Make-I during the financial year 2022-23."

29 Dec 2021

Super Power America increases its 2022 defense budget by $63 billion

Super Power America has increased its defence budget for 2022. US President Joe Biden signed a $768 billion defence bill which is $63 billion more than the previous one.

15 Sep 2020

Centre allocated Rs 90,048 crores for defence modernisation in 2020-21

There is an increase of over Rs 9,000 crores from last year`s allocations. The total amount allocated for modernisation, through procurement of new equipment and upgrading of existing equipment and systems, is 27.87 per cent of the Defence Services Estimates.

02 Feb 2020

Balanced modernisation of three services will be my priority, says Gen Rawat

The Central government has allotted a total Rs 30,42,230 crore for defence which is a hike by 6 percent from the previous year's budget amounting to Rs 3.19 lakh crore. The total defence budget accounts for 15.49 per cent of the total central government expenditure for the year 2020-21.

01 Feb 2020

Budget 2020: Defence budget increased by 6% to Rs 3.37 lakh crore

Union Finance Minister Nirmala Sitharaman on Saturday (February 1) delivered her Budget 2020 and announced that the Centre has decided to increase the defence budget by six per cent to Rs 3.37 lakh crore.

09 May 2019

India needs tweaks to cover all challenges to its national security

India's budget for security - defence and internal security - need a serious rethink to expand their scopes.

Nirmala Sitharaman

12 Apr 2019

Made clear demand that unutilised defence budget is not sent back: Sitharaman

She was addressing a gathering after releasing reports on indigenous research and development and cyber security, prepared by think tank Vivekananda International Foundation (VIF) here.

05 Mar 2019

China hikes defence budget by 7.5% to $177.61 billion, 3 times more than India

With this year's increase, China's defence spending moved closer to the $200 billion mark, making it the highest spender on defence after the United States.

Interim Budget 2019

01 Feb 2019

Interim Budget 2019: Defence budget goes past Rs 3 lakh cr for the first time

Goyal announced that more money will be sanctioned for the defence forces over and above announced in the Interim Budget 2019 if there is a need for it.

08 Jan 2019

Morning Breaking: Watch detailed news stories of today, January 8th, 2019

This segment of Zee News brings detailed top news stories of the day. Watch this video to know more.

08 Jan 2019

Morning Breaking: Parliamentary Panel slams Modi government for inadequate funds in Defence Budget

This segment of Zee News brings to you latest from defence Budget over which the Parliamentary Panel has slammed Modi government for inadequate funds to Defence. Watch full video to know more.

02 Aug 2018

Centre spends over Rs 72.7 crore for indigenous defence products in 2017-18

This information was given by Minister of state Defence Subhash Bhamre in a written reply to Lok Sabha.

05 Mar 2018

China raises 2018 defence budget by 8.1 percent

The 8.1% increase is higher than last year's announcement, when China upped military spending by 7% over the previous year.

Defence budget allocation

02 Feb 2018

Since the debacle of 1962, Indian defence gets lowest budgetary allocation

India’s Defence Budget FY 18-19 registered only a marginal increase.

Defence corridor

01 Feb 2018

First defence corridor will connect Chennai and Bengaluru: Nirmala Sitharaman on Budget 2018

Finance Minister Arun Jaitley on Thursday presented the Union Budget 2018 wherein he announced that two defence industrial production corridors would be developed.

Union Budget 2018

01 Feb 2018

Arun Jaitley hails armed forces in budget speech, allocates Rs 2.95 lakh crore for defence budget for 2018-19

Finance Minister Arun Jaitley on Thursday raised long-term capital gains (LTCG) tax to 10 percent from zero at present, reduced corporate tax for 99 percent of the companies to 25 percent but left the tax structure for individuals largely unchanged.

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