'If you go by the capital expenditure, this is a good defence budget. But we will have to see if the government can keep defence spending at 2 per cent or higher in 2027-2028.'
India fully utilised its military modernisation budget in 2024-2025 -- the first time in five years -- and signed a record Rs 2 trillion defence contracts.
Key scenes from Ramayana were intricately hand painted on the sari's pallu.
The defence budget was on Thursday increased to Rs 6.21 lakh crore for 2024-25 in a modest hike of 4.72 per cent from last year's allocation of Rs 5.25 lakh crore amid India's continuing border row with China in eastern Ladakh as well as concerns over evolving security situation in the strategic waterways.
'There is uncertainty regarding job opportunities for our children after they serve for just four years under the Agnipath scheme.'
'Rafale is much more advanced and lethal than the current fighter aircraft available with China. The timing of the arrival of the jets is perfect'
The outlay for defence sector almost remained unchanged compared to what was allocated in the interim budget on February 1.
Presenting the Budget for 2019-20 in the Lok Sabha, Finance Minister Piyush Goyal also said Rs 35,000 crore has been given under the One Rank One Pension scheme in the last three years.
Free provision of food, cash transfers, and jobs in villages see enhanced flow of funds despite a precipitous fall in revenue. Till May, defence spend was nearly 30 per cent less than the previous year.
Under the India-China agreement on the disengagement process in eastern Ladakh, the Chinese army will pull back its troops to east of Finger 8 areas in the northern bank of Pangong lake, Defence Minister Rajnath Singh said in Parliament on Thursday, in what is seen as a significant step to dial down tensions in the key face-off site.
The defence budget was increased to Rs 5.94 lakh crore for 2023-24, up from last year's allocation of Rs 5.25 lakh crore.
Excluding the pension outgo, the allocation in the Union Budget for the armed forces stands at Rs 3.62 lakh crore.
Experts said the tensions have added to a sense of apprehension in the United States, Europe and parts of Asia that China will engage in more aggressive behaviour in pursuit of its territorial interests, which in turn has raised the possibility of a serious and coordinated pushback by leading global players.
The army chief has rightly pointed out the deficiencies in our defence preparedness that exist today. However, what is not pointed out are the real reasons for such hollowness and the corrective actions needed to plug the holes, writes Laxman Kumar Behera
In the Union Budget presented in Parliament by Finance Minister Nirmala Sitharaman, a total of Rs 1,52,369 crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military hardware.
The govt hiked defence budget by 7.81 per cent over last year's Rs 2.74 lakh crore.
The basic tenet of the Lodha panel's constitutional reforms for Indian cricket has fallen flat after most of state units are being controlled by family members of disqualified office-bearers, says former MCA president Abhay Apte.
The experts said adequate care must be taken before implementing what is being touted as a "game-changer".
The IAF received a total of 13 awards including five Yudh Seva Medals and seven Vayu Sena Medal.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances