alexa

Search in Indianmoney's WealthPedia

 
Home News Left defenceless: Budget allocation for defence lowest since Indo-China war

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Travel InsuranceClick Here
 
 
Left defenceless: Budget allocation for defence lowest since Indo-China war

Left defenceless: Budget allocation for defence lowest since Indo-China war

Sunday, February 2, 2020, 11:43 AM

The Defence Ministry's welfare component, defence pensions, now loom large over the money it spends on the armed forces. While Finance Minister Nirmala Sitharaman did not mention the defence-budget in her speech, Budget papers show the total defence budget grew by 6%. The defence pension bill, on the other hand, grew by 13%. The defence-budget (minus pensions) is currently around 1.8% of the GDP.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Get It now!
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.