© hindustantimes.comUnion Budget 2024-25: Absence of incentives disappoints hospitality sector
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The new government’s defence allocation for 2024-25 is almost the same amount that it allocated in the Interim Budget presented in February.
As against Rs 6,21,541 crore that the central government had set aside for defence spending in February, Finance Minister Nirmala Sitharaman announced the allocation of Rs 6.21 trillion for national defence on Tuesday — up by just Rs 400 crore.
It remains to be seen how the current allocation fares as a percentage of government defence spending during the year.
“ The capital outlay of Rs 1.72 trillion will further strengthen the capabilities of the armed forces. The earmarking of Rs 1.05 trillion for domestic capital procurement will provide further impetus to…
Rajnath Singh,
Union Budget 2024-25: No major shift in defence sector’s allocation
“ The capital outlay of Rs 1,72,000 crore will further strengthen the capabilities of our Armed Forces. Earmarking Rs 1,05,518.43 crore for domestic capital procurement will provide a significant…
Rajnath Singh,
Rajnath Hails Rs 6.22 Lakh Cr Defence Allocation With Focus On…