FM allocates Rs 6.81 lakh cr for Defence in FY25, Capital Outlay rises to Rs 1.92 lakh cr

In a significant move during her Union Budget speech, Finance Minister Nirmala Sitharaman has allocated Rs 6.81 lakh crore to the defence sector for FY25, marking a modest increase from last year’s allocation of Rs 6.21 lakh crore. This reflects the government’s unwavering focus on fortifying India’s defence capabilities.