Key Highlights of the 2024 Union Budget for Defence
Tuesday, 23 July 2024, 17:48
Union Budget 2024 Overview
The 2024 Union Budget presented by Union Finance Minister Nirmala Sitharaman brought significant news for the defence sector. The government has allocated an impressive ₹6.22 lakh crore towards defence, marking a substantial increase aimed at enhancing national security.
Key Allocations
- Defence Funding: ₹6.22 lakh crore allocated for the year 2024-25.
- Focus Areas: Innovation and strategic infrastructure development.
- BRO Projects: Boosts for initiatives led by the Border Roads Organisation.
Conclusion
This allocation signifies the government's commitment to modernizing its defence capabilities and improving infrastructure. It reflects a broader strategy to enhance security and addresses the evolving challenges faced by the nation.
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.