Defence sector Budget 2021
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 8 results
Defence Sector 2021 - Total results - 8
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Feb 03, 2021
Union Budget 2021: Finance minister makes no mention of allocation to separate domestic defence sector
The 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 -
Feb 01, 2021
Union Budget 2021: Nirmala Sitharaman aims to raise resources without raising taxes; a bold step
From a consumer and healthcare perspective, Union Budget 2021 has a lot of positives. On the healthcare side, COVID-19 pandemic had brought to light India's underspend in healthcare. Budget 2021 has done well by allocating over Rs 2 trillion holistically towards the health sector, a handsome increase of 137 percent. -
Feb 01, 2021
Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI
Finance Minister Nirmala Sitharaman on Monday delivered her third Budget speech in the Parliament. Here's the full text of her speech in Lok Sabha -
Jan 29, 2021
Union Budget 2021: To pave way for self-reliant defence sector, increased capital outlay is need of hour
While 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 28, 2021
Union Budget 2021: Centre likely to unveil blueprint for new privatisation policy
The Budget for the fiscal beginning 1 April is likely to identify the strategic sectors PSUs where the government would like to retain its presence, sources told PTI -
Jan 27, 2021
Union Budget 2021: Developments around LAC, LOC warrant hike in allocation in defence outlay
Due 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. -
Jan 18, 2021
Union Budget 2021: From going paperless to no briefcase, 5 differences in the way it will be presented this year
The Union Budget will be presented against the backdrop of the economy in recession due to COVID-19
