Feb 01, 2018 14:45 (IST)

Allocation for defence in the Union Budget 2018 is up 7.81% with Rs 2,95,511.41 crore earmarked for the armed forces. This accounts for 12.10% of the total government expenditure in the next fiscal year. For defence pensions, Rs 1,08,853.30 crore has been provided, which is 26.6% above the Budget estimates of the current fiscal at Rs 85,740 crore and 14.26% over the revised estimates of the current fiscal at 95,000 crore.