Budget: Significant focus on defence

The Union Budget underscores the government's dedication to bolstering national defence through substantial financial allocations.

BySouth First Desk

Published Aug 12, 2024 | 11:00 AMUpdatedAug 12, 2024 | 11:00 AM

The budget for DRDO has been increased to ₹23,855 crore from ₹23,263 crore last year. Out of this, ₹13,208 crore is earmarked for capital expenditure. (Indian Air Force/X)

In this year’s Union budget presented by Finance Minister Nirmala Sitharaman, there was significant focus on the nation’s defence sector. This was the case last year too, which underscores the government’s commitment to national security and modernisation. The budget this year allocated a substantial ₹6.22 lakh crore to the sector, a 4.79 percent increase over the previous year’s Budget Estimate.

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