Indian Defence Budget 2024. The capital outlay has been pegged at ₹ 1,72,000 crore. India military spending/defense budget for 2022 was $81.36b, a 6.57% increase from 2021.
The budget for fy24 allocates rs 5.94 lakh crore to the defence ministry, accounting for 13.2% of the total government expenditure. With the ‘mantra’ of ‘sabka saath, sabka vikas, and sabka vishwas’ and the whole of nation approach of “sabka prayas”, the union minister for finance and corporate affairs smt.
India Military Spending/Defense Budget For 2021 Was $76.35B , A 4.68% Increase From 2020.
With a maintained allocation from the interim budget, the allocation remains the highest among ministries and constitutes nearly 13% of the government's total expenditure.
This Comes Out To Be 13.04% Of Total Union Budget, Which Was Presented By Finance Minister Smt Nirmala Sitharaman In Parliament On February 01,.
July 23, 2024 at 5:13 am pdt.
Indian Defence Budget 2024 Images References :
India Left Its Defense Budget For The Current Fiscal Year Largely Unchanged, While Still Spending More On Military Equipment In The Face Of Rising.
The budget for fy24 allocates rs 5.94 lakh crore to the defence ministry, accounting for 13.2% of the total government expenditure.
India's Defence Budget For Fy25 Is Set At Rs 6.21 Lakh Crore, With A Focus On Capital Outlay, Domestic Procurement, And Border Infrastructure.
With a maintained allocation from the interim budget, the allocation remains the highest among ministries and constitutes nearly 13% of the government’s total expenditure.
