Indian Defense Budget 2024. India’s 2023 inr5.94 trillion (usd73.8 billion) defence budget makes it the third largest globally behind the united states and china. India military spending/defense budget for 2022 was $81.36b, a 6.57% increase from 2021.
In 2021, the defence budget was earmarked at ₹ 4,78,196 crore with revised expectations reaching ₹ 5,35,508 crore. India military spending/defense budget for 2022 was $81.36b, a 6.57% increase from 2021.
Defence Is 13.2% Of Budgeted Expenditure In Fy24, Seven Ministries Spent 55% Of Total Expenditure
In 2021, the defence budget was earmarked at ₹ 4,78,196 crore with revised expectations reaching ₹ 5,35,508 crore.
Finance Minister Nirmala Sitharaman Has Unveiled A Staggering Allocation Of Rs 6.21 Lakh Crore For The Ministry Of Defence During The Interim Budget Presentation.
In her interim budget, finance minister nirmala sitharaman has raised expenditure on defence to rs 6.25 lakh crore from rs 5.94 lakh crore in her previous.
However, Over Half Of This, Some 53%, Is.
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India’s 2023 Inr5.94 Trillion (Usd73.8 Billion) Defence Budget Makes It The Third Largest Globally Behind The United States And China.
Finance minister nirmala sitharaman has unveiled a staggering allocation of rs 6.21 lakh crore for the ministry of defence during the interim budget presentation.
By Col (Dr) Pk Vasudeva.
In 2021, the defence budget was earmarked at ₹ 4,78,196 crore with revised expectations reaching ₹ 5,35,508 crore.
The Budget Includes A Revenue Expenditure Of ₹ 2.82 Lakh.
