In 6 charts: Budget report card on defence, exports revival, Olympic dreams
1 month, 3 weeks ago

In 6 charts: Budget report card on defence, exports revival, Olympic dreams

Live Mint  

Finance minister Nirmala Sitharaman presented the Union Budget for 2025-26 on Saturday. In 10 charts: Budget 2025 report card on railways, roads, education and health In 6 charts: Budget report card on climate, agri, and price volatility In 6 charts: Budget report card on income tax, F&O risks, and tourism revival Defence priorities India has the world’s fourth-largest military spending, and the defence ministry is one of the top ministries in terms of budget allocations. Geopolitical tensions shimmering all over the world, India’s hostile relations with China and Pakistan, and a change of regime in Bangladesh call for more focus on defence funding. Olympics dreams India is eyeing a massive opportunity to host the Olympics in 2036, with the country formally sending a letter of intent last year. Also read | In 8 charts: Budget report card on climate, agri, and price volatility

India Olympics Olympic Report Card Defence Budget Charts 6 Charts Budget Report Card  world  spending  card  dreams  olympics  report  charts  revival  india  olympic  trade  defence  budget  exports

History of this topic

China’s defence budget hike demands India to boost its Aatmanirbhar capabilities
1 week, 6 days ago

China’s defence budget hike demands India to boost its Aatmanirbhar capabilities

Firstpost  

The Modi government aims to build India’s defence capabilities by continuing to pursue gradual reforms—it’s time to accelerate the speed China announced its defence budget for 2025 at $245 billion, an increase of 7.2 per cent. India’s Defence Budget 2025-26 The Union Budget 2025-26 estimates the GDP to be Rs 3,56,97,923 crore, an increase of nearly 9 per cent. Boost …

Government priorities in Budget 2025: Who gained, who lost
1 month, 3 weeks ago

Government priorities in Budget 2025: Who gained, who lost

India Today  

Finance Minister Nirmala Sitharaman presented the Union Budget on February 1, outlining new priorities and introducing schemes. But in 2019-20, defence expenditure began to shrink, falling to 11.9 per cent and further declining to 9.7 in the 2025-26 budget estimate. In 2015-16, subsidies made up 13.5 per cent of the total budget of Rs 17.9 lakh crore. However, during the …

In 6 charts: Budget report card on climate, agri, and price volatility
1 month, 3 weeks ago

In 6 charts: Budget report card on climate, agri, and price volatility

Live Mint  

Finance minister Nirmala Sitharaman presented the Union Budget for 2025-26 on Saturday. In 10 charts: Budget 2025 report card on railways, roads, education and health In 6 charts: Budget report card on defence, exports revival, Olympic dreams In 6 charts: Budget report card on income tax, F&O risks, and tourism revival Climate change India is increasingly experiencing the effects of …

Budget 2025: Government allocates Rs 6.81 lakh crore to defence, over 9 pc hike from last year
1 month, 3 weeks ago

Budget 2025: Government allocates Rs 6.81 lakh crore to defence, over 9 pc hike from last year

India TV News  

Budget 2025: Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in the Lok Sabha and announced major allocations across key sectors, including youth, women, education, and healthcare. Among the significant announcements, the defence sector has received a boost, with a total allocation of Rs 6.8 lakh crore to strengthen India’s military capabilities. Here's the breakdown of the defence budget …

Budget 2025: Why India should boost its defence expenditure
1 month, 3 weeks ago

Budget 2025: Why India should boost its defence expenditure

Firstpost  

The defence expenditure as a percentage of GDP and national expenditure has been falling in recent years. In 2023, the Stockholm International Peace Research Institute estimated that China’s military spending was $296 billion, which accounted for 1.7 per cent of the country’s GDP. SIPRI estimates China’s 2023 military budget at $296 billion, an increase of 6 per cent over 2022. …

Defence Budget Likely To Be Enhanced Owing To ‘Year Of Reforms’ Initiatives
1 month, 3 weeks ago

Defence Budget Likely To Be Enhanced Owing To ‘Year Of Reforms’ Initiatives

ABP News  

Defence Budget Expectations: During the upcoming Finance Budget 2025-26 defence sector is expected to have major focus with increased allocations as the government aims to not only implement a massive modernisation and indigenisation, including likely creation of the theatre-commands that was announced by Prime Minister Narendra Modi earlier this year. Lt Gen Subrata Saha, Former Member NSAB and Deputy Chief …

India's defence budget in last 10 years: Rs 2.53 lakh crore to Rs 6.22 lakh crore, a 2.5 times increase
2 months ago

India's defence budget in last 10 years: Rs 2.53 lakh crore to Rs 6.22 lakh crore, a 2.5 times increase

India TV News  

India's defence budget has been on an upsurge in the last few years, with the FY 2024-25 defence budget going up to Rs 6.22 lakh crore. The defence budgets in the last 10 years, particularly last year's budget, focussed on the modernisation of the Armed Forces and the acquisition of new technologies. India's defence budget on continuous rise According to …

Budget 2025: How much hike can be expected in defense allocation, and where will the focus lie?
Trending News
2 months, 1 week ago

Budget 2025: How much hike can be expected in defense allocation, and where will the focus lie?

India TV News  

Budget 2025: Finance Minister Nirmala Sitharaman is set to present her 8th Union Budget on February 1, 2025. Continuing its emphasis on modernisation and self-reliance, the government allocated Rs 6.22 lakh crore to defence in FY 2024-25 -- a 4.79% increase over the previous year. In the interim budget of July 2024, the government allocated Rs 1.72 lakh crore for …

Budget 2025: Why is it crucial to increase India's military spending amid global instabilities? Explained
2 months, 1 week ago

Budget 2025: Why is it crucial to increase India's military spending amid global instabilities? Explained

India TV News  

Budget 2025: As Finance Minister Nirmala Sitharaman is gearing up to present the Union Budget 2025 in the Lok Sabha on February 1, the nation waits with bated breath for measures that address key economic and strategic priorities. In an era marked by geopolitical turbulence -- from the Russia-Ukraine war to the Israel-Hamas conflict and rising tensions near India's borders …

Japan approves record defence budget with plans to become 3rd highest spender: Where does India stand?
3 months ago

Japan approves record defence budget with plans to become 3rd highest spender: Where does India stand?

India TV News  

Japan has decided to increase its defence budget to as high as 8.7 trillion yen in 2025. Under the new defence strategy, Tokyo plans to eventually double its annual military spending to around 10 trillion yen, making it the world's No.3 military spender after the United States and China. Understanding Japan's new defence strategy Japan prepares to deploy US-made Tomahawks …

India’s defence budget 2024: Hits and misses
7 months, 2 weeks ago

India’s defence budget 2024: Hits and misses

Hindustan Times  

The defence sector budget allocation remained the same as the interim budget allocation, with finance minister Nirmala Sitharaman presenting the full budget on July 23, 2024, after the formation of the new government. Even though the budgetary allocation to the Defence Research and Development Organisation has increased to ₹23,855 crore in FY 2024-25 from ₹23,263.89 crore in FY 2023-24, there …

Modernisation and aatmanirbharta: Decoding the defence budget allocation 2024
8 months ago

Modernisation and aatmanirbharta: Decoding the defence budget allocation 2024

Firstpost  

In this budget, the government is concentrating on domestic manufacturing, especially indigenisation of the defence sector, which is aiming to reduce reliance on defence imports The finance minister, Nrimala Sitharaman, while presenting her record seventh Union Budget for FY 2024-25 after the people of India re-elected the Modi Government for the historic third term. The defence sector has noticed a …

Budget 2024: Defence gets more at ₹6.22 lakh crore, boost for BRO’s projects
8 months ago

Budget 2024: Defence gets more at ₹6.22 lakh crore, boost for BRO’s projects

The Hindu  

Union Finance Minister Nirmala Sitharaman allocated ₹6.22 lakh crore for the defence sector in 2024-25 which is almost the same as in the interim Budget presented in February. Follow LIVE updates from the Union Budget 2024 on July 23, 2024 The allocation of ₹6.22 lakh crore for the defence sector is 4.79% higher compared to the Budget Estimates of last …

Armed forces wait for a funds boost from Budget
1 year, 2 months ago

Armed forces wait for a funds boost from Budget

Hindustan Times  

Next week, the Union government will place an interim budget before Parliament. The Union budget pays for maintaining the Army, Navy and Air Force and provides support to defence public sector units and the research and development related to defence. The Army’s budget in 2023-24 shows that 70% of the 3.41 lakh crore allocation went to salaries and pensions, while …

India’s defence budgeting and the point of deterrence
1 year, 3 months ago

India’s defence budgeting and the point of deterrence

The Hindu  

The Medium Multi-Role Combat Aircraft programme of the Indian Air Force earned the sobriquet of being the ‘mother of all procurements’ due its cost, pegged at around $10 billion in 2007. Need for judicious assessment The question is whether ‘affordable defence’ — due to the perennial guns versus butter dilemma — will be the driving factor. Though the research and …

China boosts defence budget by 7.2% amid 'security challenges'; Where does India stand?
2 years ago

China boosts defence budget by 7.2% amid 'security challenges'; Where does India stand?

India TV News  

China's defence budget: China, which has been facing an economic slowdown, has announced to increase in the defence budget by 7.2 this year. China sets economic growth at around 5% The top economic official set this year’s growth target at “around 5%” following the end of anti-virus controls that kept millions of people at home and triggered protests. According to …

Budget 2023 | Defence budget rises 13%; revised estimate for pension rises
2 years, 1 month ago

Budget 2023 | Defence budget rises 13%; revised estimate for pension rises

The Hindu  

The Union Budget presented in Parliament by Finance Minister Nirmala Sitharaman on Wednesday allocated ₹5.94 lakh crore for the Defence Ministry, a 13% increase year-on-year from last year’s budget estimates. The overall revised estimates for 2022-23 for defence stood at ₹5.85 lakh crore and this year’s allocation represents a 1.5% increase. Of this year’s defence budget, ₹2.7 lakh crore is …

Budget 2023: Defence spending increased by 13% to Rs 5.94 lakh crore
2 years, 1 month ago

Budget 2023: Defence spending increased by 13% to Rs 5.94 lakh crore

India Today  

Finance Minister Nirmala Sitharaman on Wednesday earmarked Rs 5.94 lakh crore for the Defence Ministry for the financial year 2023–24, which is a hike of around 13 per cent compared to last financial year. The allocation for the Defence Ministry is to be 13 per cent higher than what it was allocated in the Union Budget last year, which was …

Upcoming budget to accelerate Make in India momentum in defence sector
2 years, 1 month ago

Upcoming budget to accelerate Make in India momentum in defence sector

India TV News  

With the Union Budget for 2023 set to be announced soon, there is a lot of anticipation about whether it will provide the necessary impetus to speed up the momentum for Make in India in defence. BUDGET 2023: FULL COVERAGE One of the main challenges facing the defence sector in India is the lack of a robust domestic defence industry. …

Budget 2023: Here's How Much Govt Has Allocated To Defence Sector In Last Five Years
2 years, 2 months ago

Budget 2023: Here's How Much Govt Has Allocated To Defence Sector In Last Five Years

ABP News  

The announcement of the Union Budget for the year 2023-2024 is just a few days away. Take A Look At The Share Of Funds Allocated To Defence Sector In The Union Budget In Last Five Years: 2018-2019 In the year 2018-19, the Ministry of Defence was allocated Rs 4,04,365 crore for expenditure across the various services, production establishments, and research …

Data | Agnipath: With 34 lakh military pensioners, pensions form >50% of defence budget
2 years, 9 months ago

Data | Agnipath: With 34 lakh military pensioners, pensions form >50% of defence budget

The Hindu  

June 20, 2022 05:07 pm | Updated 05:38 pm IST One key reason for the Agnipath scheme, which aims to recruit defence personnel in short-term contracts, could be to reduce increasing pension payments in the Army, Navy, and Air Force. Share of defence budget The chart shows the defence pension budget and the defence R&D budget as a share of …

From Germany to China, how Russia-Ukraine conflict is forcing the world to ramp up defence budgets
3 years ago

From Germany to China, how Russia-Ukraine conflict is forcing the world to ramp up defence budgets

Firstpost  

Russia’s invasion of Ukraine has prompted many countries to hike their defence budgets. Romania: President Klaus Iohannis said that his country would push defence spending to 2.5 per cent of GDP, from the current 2 per cent mark. China: Beijing too has increased its defence spending in 2022 by 7.1 per cent to $229 billion, up from a 6.8 per …

Facilitate the optimisation of the Defence Budget
3 years, 1 month ago

Facilitate the optimisation of the Defence Budget

Hindustan Times  

Defence budgeting is a tricky exercise since the services and strategic experts are seldom satisfied. A high proportion of revenue expenditure militates against the very philosophy of efficient defence expenditure management that should graduate towards capital expenditure. Ephemeral support like this year’s higher allocation for capital expenditure or even institutionalised support like the non-lapsable Modernisation Fund for Defence and Internal …

Budget 2022: Defence Budget Allocation May Increase Amid Rising Chinese Belligerence
3 years, 1 month ago

Budget 2022: Defence Budget Allocation May Increase Amid Rising Chinese Belligerence

ABP News  

Defense Budget 2022: Amid rising Chinese belligerence and a hostile Pakistan, how much will the Centre allocate for the defence budget will become clear on February 1, when the Finance Minister Nirmala Sitharaman presents the Union Budget 2022 in the Parliament. The defence budget also saw a marginal increase of around 1.4 percent, Rs 4.78 lakh crore for 2021-22 as …

Defence Budget 2021: Myths and Realities of the defence budget infrastructure
4 years, 1 month ago

Defence Budget 2021: Myths and Realities of the defence budget infrastructure

The Quint  

“Immense expense is mainly in defence” has a pleasing rhyme but does not reflect reality. The reality is that the total allocation for defence in the Union Budget 2021-22 is Rs 4.78 lakh crore including defence pensions, which is a marginal hike compared to Rs 4.71 lakh crore last year, a paltry increase of 1.48 percent as compared to 1.82 …

Budget 2018: India among biggest importers of arms, yet army lacks sufficient ammunition
7 years, 1 month ago

Budget 2018: India among biggest importers of arms, yet army lacks sufficient ammunition

Firstpost  

Despite being the world’s fifth largest importer of weapons, the major worry for the Indian Army during a war would be a shortage of ammunition By Chaitanya Mallapur India is the fifth largest military spender in the world and the largest importer of arms, accounting for 13 percent of the world’s total imports between 2012 and 2016, according to the …

Union Budget 2018: Why India needs annual defence allocation of 3% of GDP
7 years, 2 months ago

Union Budget 2018: Why India needs annual defence allocation of 3% of GDP

Firstpost  

The higher defence set up and the MoD continue to be sans military professionals because the government remains straight-jacketed in the time wrap of the bureaucracy. Ironically, the higher defence set up and the MoD continue to be sans military professionals because the government remains straight-jacketed in the time wrap of the bureaucracy. What defence allocations for Financial Year 2018-2019 …

Cost of security
8 years ago

Cost of security

The Hindu  

A comparative analysis of India’s defence budget over the past few years shows that growing revenue expenditure accounts for a lion’s share of the increase in allocation. However, what has risen significantly is the armed forces’ revenue expenditure, from about Rs.1.34 lakh crore to about Rs.1.63 lakh crore, and its share of the defence budget has also gone up from …

Has the 6 pc hike in defence budget dealt a blow to Army’s modernisation plans?
8 years, 1 month ago

Has the 6 pc hike in defence budget dealt a blow to Army’s modernisation plans?

India TV News  

The Union Budget 2017 announced by Finance minister Arun Jaitley on Wednesday saw a 6 per cent hike in the defence budget from Rs 2.58 lakh crore in 2016-17 to Rs 2.7 lakh crore. Experts believe that the paltry hike in the defence budget has dashed hopes of any major step towards military modernisation this year despite heightened tensions with …

India among world's top five defence spenders overtaking Saudi Arabia and Russia: Report
8 years, 3 months ago

India among world's top five defence spenders overtaking Saudi Arabia and Russia: Report

Firstpost  

India is among the world’s top five defence spenders with its military budget at USD 50.7 billion, overtaking Saudi Arabia and Russia, according to a new report released on Monday. London: India is among the world’s top five defence spenders with its military budget at USD 50.7 billion, overtaking Saudi Arabia and Russia, according to a new report released on …

Periscope: Modi must realise India's defence destiny
9 years ago

Periscope: Modi must realise India's defence destiny

Deccan Chronicle  

As the NDA government nears completion of two years in office, it should be clear that the big changes which one hoped for from the BJP-led government have not materialised. On the domestic front, while India has displaced China as the fastest growing global economy with 7.3 per cent gross domestic product, the reality is that the government has not …

No mention of defence outlay in Arun Jaitley’s Union Budget
9 years ago

No mention of defence outlay in Arun Jaitley’s Union Budget

Hindustan Times  

Finance minister Arun Jaitley made no mention of India’s defence allocation for 2016-17 in his Union Budget speech on Monday, raising curiosity over why the country’s military spending was not revealed. The money allocated for the military’s modernisation in 2016-17 is expected to be less than what it was last year, with defence pensions gobbling up a large chunk of …

Budget 2016: Balancing resources for equipment modernisation in defence will be tricky
9 years, 1 month ago

Budget 2016: Balancing resources for equipment modernisation in defence will be tricky

Firstpost  

Defence budget cannot be stretched beyond a point, which means Parrikar has a tough choice at hand. Indicative trends again suggest a curious curve in the last decade — while there are years when ‘actual’ capital expenditure met targets, there were bouts of ‘unspent syndrome’ creeping in as well. Latest expenditure data, as claimed by a prominent newspaper, shows that …

Budget 2016: Despite the Make in India call it is not all that rosy for defence. Here’s why
9 years, 1 month ago

Budget 2016: Despite the Make in India call it is not all that rosy for defence. Here’s why

Firstpost  

There will be further bad news for the military, if while preparing the defence budget, the finance minister goes by the recommendation of the 14th Finance Commission By Prakash Nanda Life is such that success or strength of a person is dependent on how narrow is the gap between one’s desire and the reality. Considering all this, it is no …

Defence spending up by 18 p.c.
13 years ago

Defence spending up by 18 p.c.

The Hindu  

Keeping up the tempo to modernise the armed forces, the government on Friday increased its defence spending by some 18 per cent and hiked the budget for capital acquisition by 15 per cent. Finance Minister Pranab Mukherjee earmarked Rs.1,93,407 crore for Defence — which is 1.9 per cent of the GDP — in the budget proposals. The allocation represents a …

China's Defence Spending To Exceed $100 Billion
13 years ago

China's Defence Spending To Exceed $100 Billion

India TV News  

Beijing, March 4, :China has announced it will increase defence pending by 11.2 per cent in 2012, taking its military expenditure to $106.39 billion and marking a return to double-digit growth amid plans to modernise its armed forces during a year that will see a crucial leadership transition, Reports The Hindu. The planned defence budget was announced in Beijing on …

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