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The allocation of defence budget for the year sees a significant rise towards capital expenditure. Allocation for capital expenditure is Rs 21, crore, a rise of Last year, the armed forces had to make emergency procurement and mobilise a massive 50, soldiers with weapons along the Line of Actual Control LAC. High-altitude gears, missiles and armaments had to be bought on an emergency basis. Total allocation for defence in budget is Rs 4. Excluding pensions amounting to Rs 1.
This is a 7. The jump in capital allocation will give a push towards procurement of modern platforms and new equipment.
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Capital allocation last year was Rs 1. Estimated value of these was about Rs 50,00 crore beyond the additional capital procurement worth Rs 13, crore. However, there Modern And Capable Armed Forces been a significant decline in defence pensions from the budget estimates of last year. As here the observation of Forcee 15th Finance Commission, the expenditure on defence services as a proportion of GDP declined from 2 per cent in to 1.
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