Centre’s Defence Spending Share Steadily Declining: Report

The report on India’s defence spending reveals a notable trend: the share of the central government’s expenditure allocated to defence has been steadily declining over recent years.Current Defence Budget OverviewFor the fiscal year 2024-25, the Indian government has allocated ₹6,21,941 crore (approximately USD 74.3 billion) to the Ministry of Defence. This represents a slight decrease of 0.3%
The report on India’s defence spending reveals a notable trend: the share of the central government’s expenditure allocated to defence has been steadily declining over recent years.Current Defence Budget OverviewFor the fiscal year 2024-25, the Indian government has allocated ₹6,21,941 crore (approximately USD 74.3 billion) to the Ministry of Defence. This represents a slight decrease of 0.3%
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