Budget for Defence Sector

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Budget 2024: Here's the full text of Nirmala Sitharaman's speech

The Union Budget for 2024 for announced today in the Parliament by the Finance Minister Nirmala Sithraman.
Ratio of defence capex spending climbs a decadal high in FY25, shows Budget data

The government has set an ambitious target to more than triple defence production to Rs 3 lakh crore by FY29 and increase exports to Rs 50,000 crore
ITC stock soars 4% as Budget 2024 skips hike in tobacco taxation

Budget 2024: Several measures announced to boost employment bode well for ITC, sparking hopes of a rise in demand for consumer staple products due to higher incomes.
Not even a penny for Delhi as share in central taxes: Atishi on Union Budget

Addressing a press conference here, Atishi said Delhi had demanded a budgetary allocation for the MCD but it did not get even a single rupee from the Centre.
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Budget 2024: Defence gets an allocation of Rs 4.54 lakh crore

The interim Union Budget allocated Rs 6.21 trillion to the MoD, a 4.72 percent increase over FY24, yet still below 2 percent of GDP, with capital allocation at Rs 1.72 trillion, or 27.67 percent of the total defence budget.
Defence Budget 2024: Will Centre give more firepower to forces? All eyes on FM Sitharaman's Budget speech

Anticipation for the defence budget outlay has been on the rise since the ministry of defence revealed earlier in July that India achieved the highest-ever growth in indigenous production in FY24.