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Defence Budget 2018-19 – Low Defence Capability Accretion Foretold

The Defence Budget 2018-19 holds no surprises. While expectations were of touching the symbolic Rs 300,000 Crore it remains short reaching 2,95,511 crore. The capital budget for the services for 2018-19  was expected to touch Rs 100,000 Crore but has remained at approximately Rs 94,000 Crore or almost a billion US dollars short. Importantly the accretion in the budget for the Defence Services remains low marking an increase by 6-7 percent based. Here are the numbers---------

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Helpline 1090
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