Defence sector Budget 2020
Also known as the Military Budget, it is the amount of financial resources allocated by a government for raising and maintaining its armed forces and its personnel or other methods essential for defence purposes. The size of the Defence Budget also reflects the country's ability to fund military activities. Though no country dares to ignore major budgetary allocation for its defence forces, there are two aspects for this too. Some suggest that military expenditure is a boost to local economies besides safety against external aggression. However, another argument that comes up against the allocation is that maintaining military expenditure is a drag on the country's development.
Showing of 0 - 10 from 26 results
Defence Sector - Total results - 26
Feb 22, 2021
India committed to enhancing defence manufacturing capabilities, says Narendra ModiAddressing a webinar on the effective implementation of the Union Budget's provisions in the defence sector, the PM urged the private sector to take up both designing and manufacturing of defence equipment
Feb 03, 2021
Union Budget 2021: Finance minister makes no mention of allocation to separate domestic defence sectorThe current geopolitical situation in which the Indian forces remain in a tense face-off with China along the northern border has necessitated the emergency purchases
Feb 01, 2021
Union Budget 2021: Centre allocates Rs 4.78 lakh crores for defence ministry, hikes capital outlay by 19%The total outlay of Rs 4.78 lakh crore included an allocation of Rs 1.15 lakh crore for payment of pensions
Jan 29, 2021
Union Budget 2021: To pave way for self-reliant defence sector, increased capital outlay is need of hourWhile an updated defence acquisition policy pedestal has been set-up in 2020 by the defence ministry, a meaningful fund allocation coupled with tax incentives for achieving the ultimate objective of self-reliance would be the key expectation
Jan 27, 2021
Union Budget 2021: Developments around LAC, LOC warrant hike in allocation in defence outlayDue to the major developments in the situation around LAC and LOC in the past year, the defence budget for 2021 is expected to go up.
May 01, 2020
Narendra Modi holds series of meetings to boost economy, attract foreign investment during coronavirus crisisNarendra Modi reviewed the state of investments, the defence and aerospace sector and the mine and mineral sector.
Apr 21, 2020
Reliance Infrastructure resumes toll operations at 10 road projects; puts in place safety measures for staffAs part of the government's initiative to restart operations in a phased manner, Reliance Infrastructure has resumed toll operations at its road projects from midnight of 20 April.
Sep 07, 2019
Rajnath Singh attends CEO forum in Seoul to attract investment in defence sector, says deeper cooperation with South Korean firms will give impetus to Make in IndiaDefence Minister Rajnath Singh on Friday urged Indian and South Korean companies to actively collaborate with each other in the defence sector
Jun 26, 2019
Defence industry received foreign direct investment of $2.18 million during 2018-19: GovtIn 2014-15, 2015-16, and 2017-18, the sector attracted FDI worth $0.08 million, $0.10 million and $0.01 million, respectively
May 05, 2019
From Vajpayee to Modi, BJP's national security policy has been consistent; Congress' claim of reduced defence spending fallaciousCompared to Atal Bihari Vajpayee, Narendra Modi adopted a vastly more muscular response to national security and does not hesitate to display just that.