Representational photo: Indian army.

Photo: The Sunday Guardian

Projection-Allocation Gap Of Rs 1.44 Lakh Cr Traced In Military Budget

A report of the Parliament's Standing Committee on Defense on March 16 underscored that only Rs 4.78 lakh crore have been allocated for the military in 2021-22 against the projected budget of Rs 6.22 lakh crore. The mismatch in projection and allocation existed in every branch of the military with most for the Navy (Rs 37,667 crore). However, CDS Gen Bipin Rawat said the projections are made 15-20% higher, terming it a "strategic planning… read-more

Wed, 17 Mar 2021 - 11:45 AM / by Harsh Vardhan

Tags: Indian Defense Forces, Military Budget, Indian Navy, Gen Bipin Rawat

Courtesy: The Indian Express