Tuesday, July 24, 2018

Why is Share of Defence Budget in GDP Lowest Since 1962? High Economic Growth, Answers Minister

July 24, 2018 Leave a Reply
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In the Union budget, the government had allocated Rs 2.95 lakh crore to defence forces which is estimated to be around 1.58 per cent of the country's GDP. A separate allocation of Rs 1.08 lakh crore was set aside for defence pensions.

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