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Defence Budget 2021: FM Nirmala Sitharaman allocated Rs 4,78 lakh crore in defense budget
Defense Minister Rajnath Singh thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for increasing the defense budget to Rs 4.78 lakh crore for FY 2021-22 and described it as the biggest increase in capital outlay for defece in 15 years. Finance Minister Nirmala Sitharaman on Monday announced an allocation of Rs 4,78,195.62 crore for the defence sector for 2021-22 as against Rs 4,71,378 crore (including defence pension) last year. Excluding pension, it is estimated at Rs 3.62 lakh crore from Rs 3.37 lakh crore in the previous year. Tata Group to build military aircraft in India The Modernization
All Eyes On Defence Budget 2021
Defence Budget 2021 : There are a lot of expectations from this budget, one of which is that a substantial budget will be given to the Ministry of Defense. Considering the tension on the eastern borders in the last years, there are many expectations from this budget as to what the Nirmala Sitharaman’s box in the Ministry of Defense met. It is expected that this time there will be a big increase in the defence budget. The deployment of the army in Ladakh will definitely be kept in mind while making allocation for the defence budget. Due to low defence
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