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Domestic share in defence acquisitions raised to 75%

The defence minister called the decision an unprecedented step taken by the government at the outset of Amrit Kaal (the 25 years leading to India’s independence centenary) to accelerate the growth of the domestic defence sector.

Defence Minister Rajnath Singh speaks at a seminar during Aero India 2023, at Yelahanka Airbase, in Bengaluru on Wednesday.(ANI)
Updated on Feb 16, 2023 04:26 AM IST
ByRahul Singh, Bengaluru

India spent 20,776 cr on border security after China row

India earmarked ₹1.13 lakh crore as military capital expenditure in budget 2020-21 but revised estimates (RE) presented in Parliament by finance minister Nirmala Sitharaman show the military ended up spending ₹1.34 lakh crore on modernisation.

India has set aside <span class='webrupee'>₹</span>4.78 lakh crore for military spending in its budget for 2021-22, compared to last year’s <span class='webrupee'>₹</span>4.71 lakh crore.(ANI)
Updated on Feb 02, 2021 04:32 AM IST
By, New Delhi
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