Bhubaneswar, Feb. 1 -- Union Finance Minister Nirmala Sitharaman has allocated Rs 6,81,210.27 crore towards the defence sector in the Union Budget-2025.
This year's allocation is 9.53 per cent higher than last year's budgetary estimation of Rs 6.21 lakh crore. The allocations towards the defence sector stands at 13.45 per cent of the Union Budget, which is highest among the Ministries.
Out of this, Rs 1,80,000 crorei.e.26.43 per cent of total allocation will be spent on Capital Outlay on Defence Services. On Revenue Head, allocation for the Armed Forces stands at Rs 3,11,732.30 crore which is 45.76 per cent of total allocation.
Defence Pension receives a share of Rs 1,60,795 crorei.e.23.60 per cent and balance Rs 28,682.97 crorei.e.4.2...
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