Page 2 - Defence Budget

Budget 2022: Will 68% earmarking boost indigenous defence manufacturing?

Budget 2022 proposals seem to give a big push to Make in India in defence with 68% of capital procurement allocation earmarked for domestic industry. What does this mean for India's defence industry?

Best of BS Opinion: Some stability returns, view from the edge & more

Here are the best of Business Standard's opinion pieces for Friday

Military should fund its own modernisation

Boosting its capital expenditure does not require a great deal of money

Pakistan govt unveils Rs 8.5 tn FY budget, defence gets Rs 1,370 bn

Pakistan government on Friday proposed Pakistani rupees 8,487 billion budget for the next financial year with a fiscal deficit target at 6.3 per cent of gross domestic product (GDP)

Defence Budget: Military gets 28% less budget than it projected

Money requested for equipment modernisation slashed by 38 per cent

China hikes defence budget to $209 billion, 6.8 per cent increase

China on Friday increased its defence budget to $209 billion, a 6.8 per cent hike compared to the last year

Import embargo on 101 defence items would encourage self-reliance: PM Modi

Modi underscored the opportunities the government has created for the private sector by bifurcating the capital procurement budget into separate domestic and foreign procurement routes

Rahul Gandhi slams Centre for 'betraying India's defenders' in Union Budget

The Wayanad MP has been time and again slamming the Centre and its policies

Increase in capital outlay of Defence amid pandemic is huge step: IAF Chief

Defence forces received more than 18 per cent hike over last year in capital outlay meant for acquisition of new weapon systems

Best of BS Opinion: Defence budget, policy on disinvestment, and more

Here are the top BS Opinions of the day

Reading the defence budget tea leaves

MoD has managed the defence budget well in a difficult year, but long-term fixes are needed

Defence allocation remains same, IAF gets highest capital boost in Budget

Budget allocations for 2021-22 are skewed, with the IAF allocated Rs 53,215 crore, the Navy Rs 35,904 crore, and the Army getting Rs 36,532 crore

Spend, earn, tax: Finances of Union Budget 2021 explained in nine charts

Taxes on individual incomes will now bring more revenue to the government than taxes on corporate profits

Navy finds itself fighting for relevance 49 years after Operation Trishul

The Navy's share of the defence Budget has declined from 18 per cent in 2012 to approximately 13 per cent, says Admiral Karambir Singh.

Covid policy response: Rural spending skyrockets, defence bears the brunt

Free provision of food, cash transfers, and jobs in villages see enhanced flow of funds despite a precipitous fall in revenue

Defence budget may be slashed by 40%, may save Centre Rs 80,000 crore

Addressing an audience of defence analysts in Delhi, the MoD official confirmed reports that the government had ordered the military to limit its first quarter

China hikes defence budget to $179 bn; nearly three times that of India

China, which has the world's largest military of two million troops, will continue to lower its defence budget growth rate to 6.6% in 2020

Top headlines: RBI slashes repo rate, KKR picks up stake in Jio, and more

Business Standard brings the top headlines of the day

India's defence cost: High on personnel and low on modernisation

The most recent Indian budgetary figures put India's defence expenditure for FY20 at $59.7 bn which is less than SIPRI's estimates and actually puts India at 5th, behind both Russia and Saudi Arabia.

India jumps to third rank in global military expenditure, shows study

Spending grows 6.8% to $71.1 billion in 2019, outpacing Russia and Saudi Arabia