Defence Allocation
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Defence Capex To Rise To 2.5% Of GDP In FY26: Secretary Rajesh Kumar Singh | Profit Exclusive
In the Union Budget for fiscal 2026, the Ministry of Defence received a total allocation of Rs 6.81 lakh crore, or 13.45% of the total budget.
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Defence Budget Up Over 6% At Rs 2.74 Lakh Crore In 2017-18
Budget documents show that revised capital budget for this fiscal year is Rs 71,700 crores, but it is not clear whether the Defence Ministry was unable to spend the remaining amount (Rs 6,886 crore) or whether any savings were done.
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Government Recalibrates Foreign Military Sales Account In US
The government has "recalibrated" the management of an account, which was used to pay money to the US under Foreign Military Sales (FMS) route, after a review showed that nearly Rs 15,400 crore (USD 2.3 billion) had piled up without earning any interest, Defence Minister Manohar Parrikar today said.
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Defence Budget For FY17 Hiked By Nearly 10%
The capital outlay for the three services, for modernisation, stood at Rs 78,586.68 crore.
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To Manufacture Defence Equipment, Reliance Signs Strategic Pact
For collaboration in maintenance, repair and overhaul category, the Anil Ambani-led Reliance Defence Ltd has signed a strategic pact with Emirates Defence Industries Company (EDIC).
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Defence Capex To Rise To 2.5% Of GDP In FY26: Secretary Rajesh Kumar Singh | Profit Exclusive
In the Union Budget for fiscal 2026, the Ministry of Defence received a total allocation of Rs 6.81 lakh crore, or 13.45% of the total budget.
-
Defence Budget Up Over 6% At Rs 2.74 Lakh Crore In 2017-18
Budget documents show that revised capital budget for this fiscal year is Rs 71,700 crores, but it is not clear whether the Defence Ministry was unable to spend the remaining amount (Rs 6,886 crore) or whether any savings were done.
-
Government Recalibrates Foreign Military Sales Account In US
The government has "recalibrated" the management of an account, which was used to pay money to the US under Foreign Military Sales (FMS) route, after a review showed that nearly Rs 15,400 crore (USD 2.3 billion) had piled up without earning any interest, Defence Minister Manohar Parrikar today said.
-
Defence Budget For FY17 Hiked By Nearly 10%
The capital outlay for the three services, for modernisation, stood at Rs 78,586.68 crore.
-
To Manufacture Defence Equipment, Reliance Signs Strategic Pact
For collaboration in maintenance, repair and overhaul category, the Anil Ambani-led Reliance Defence Ltd has signed a strategic pact with Emirates Defence Industries Company (EDIC).
