In the Union Budget post-Operation Sindoor, the Defence Services have received an unprecedented allocation of Rs 7.85 lakh crore for Financial Year (FY) 2026-27.
The growth of the defence budget is connected with the government's decision to ensure an increase in defence spending to 2 per cent of the country's gross domestic product by 2027, which is approximately 11 trillion yen per year.
New Delhi [India], February 2 (ANI): Defence Minister Rajnath Singh on Monday expressed his happiness at the budget proposal to open 100 new Sainik Schools in the country and said several new programmes to support India's farmers, agriculture, infrastructure and reinvigoration of human re
New Delhi [India], February 1 (ANI): Defence Minister Rajnath Singh thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for increasing the defence budget to Rs 4.78 lakh crore for the financial year 2021-22 and termed it as the highest ever increase in capital out
Islamabad [Pakistan], June 13 (ANI): Pakistan on Friday unveiled Pakistani Rs 7.14 trillion budget for the fiscal year 2020-21 with defence allocations amounting to around Rs 1.3 trillion, which is almost 12 per cent higher than last year, Samaa News reported.