Indian Defence Budget Boost: ₹1.72 Lakh Crore for Modernization and New Weapon Systems
Overview of the Defence Budget Allocation
The Indian Defence Ministry has recently announced a significant allocation of ₹1.72 lakh crore for capital acquisitions aimed at bolstering the armed forces. This amount is part of a broader budget of ₹6.22 lakh crore dedicated to defence.
Key Areas of Procurement
- Fighter Aircraft: Enhancing aerial combat capabilities.
- Submarines: Strengthening naval power.
- Drones: Expanding surveillance and attack fronts.
- Vehicles: Upgrading ground mobility.
Focus on Modernization
A significant focus is placed on modernizing the forces and developing border infrastructure, which is crucial for national security. The procurement plan aims to ensure that the military is equipped with the latest technology and systems.
Conclusion
This budget marks a pivotal step towards enhancing India’s defense capabilities, ensuring preparedness, and addressing emerging security challenges.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.