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India increases defence budget by 10%

by Jon Grevatt

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 10% over the allocation in 2021–22.

The allocation is equal to about 13% of the government's total expenditure for the year, said the Ministry of Defence (MoD) on 1 February.

It added that the expenditure reflects the government's emphasis on the “modernisation and infrastructure development” of the Indian Armed Forces.

The defence budget includes a revenue allocation of INR3.64 trillion (or 69%) for operations, salaries, and pensions. The latter will receive 33% of the allocation (or INR1.19 trillion), an increase of 2.4%.


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https://www.janes.com/defence-news/india-increases-defence-budget-by-10/

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 1...

India increases defence budget by 10%

by Jon Grevatt

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 10% over the allocation in 2021–22.

The allocation is equal to about 13% of the government's total expenditure for the year, said the Ministry of Defence (MoD) on 1 February.

It added that the expenditure reflects the government's emphasis on the “modernisation and infrastructure development” of the Indian Armed Forces.

The defence budget includes a revenue allocation of INR3.64 trillion (or 69%) for operations, salaries, and pensions. The latter will receive 33% of the allocation (or INR1.19 trillion), an increase of 2.4%.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/india-increases-defence-budget-by-10/

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 1...

India increases defence budget by 10%

by Jon Grevatt

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 10% over the allocation in 2021–22.

The allocation is equal to about 13% of the government's total expenditure for the year, said the Ministry of Defence (MoD) on 1 February.

It added that the expenditure reflects the government's emphasis on the “modernisation and infrastructure development” of the Indian Armed Forces.

The defence budget includes a revenue allocation of INR3.64 trillion (or 69%) for operations, salaries, and pensions. The latter will receive 33% of the allocation (or INR1.19 trillion), an increase of 2.4%.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/india-increases-defence-budget-by-10/

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 1...

India increases defence budget by 10%

by Jon Grevatt

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 10% over the allocation in 2021–22.

The allocation is equal to about 13% of the government's total expenditure for the year, said the Ministry of Defence (MoD) on 1 February.

It added that the expenditure reflects the government's emphasis on the “modernisation and infrastructure development” of the Indian Armed Forces.

The defence budget includes a revenue allocation of INR3.64 trillion (or 69%) for operations, salaries, and pensions. The latter will receive 33% of the allocation (or INR1.19 trillion), an increase of 2.4%.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/india-increases-defence-budget-by-10/

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 1...

India increases defence budget by 10%

by Jon Grevatt

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 10% over the allocation in 2021–22.

The allocation is equal to about 13% of the government's total expenditure for the year, said the Ministry of Defence (MoD) on 1 February.

It added that the expenditure reflects the government's emphasis on the “modernisation and infrastructure development” of the Indian Armed Forces.

The defence budget includes a revenue allocation of INR3.64 trillion (or 69%) for operations, salaries, and pensions. The latter will receive 33% of the allocation (or INR1.19 trillion), an increase of 2.4%.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/india-increases-defence-budget-by-10/

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 1...

India increases defence budget by 10%

by Jon Grevatt

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 10% over the allocation in 2021–22.

The allocation is equal to about 13% of the government's total expenditure for the year, said the Ministry of Defence (MoD) on 1 February.

It added that the expenditure reflects the government's emphasis on the “modernisation and infrastructure development” of the Indian Armed Forces.

The defence budget includes a revenue allocation of INR3.64 trillion (or 69%) for operations, salaries, and pensions. The latter will receive 33% of the allocation (or INR1.19 trillion), an increase of 2.4%.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/india-increases-defence-budget-by-10/

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 1...

India increases defence budget by 10%

by Jon Grevatt

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 10% over the allocation in 2021–22.

The allocation is equal to about 13% of the government's total expenditure for the year, said the Ministry of Defence (MoD) on 1 February.

It added that the expenditure reflects the government's emphasis on the “modernisation and infrastructure development” of the Indian Armed Forces.

The defence budget includes a revenue allocation of INR3.64 trillion (or 69%) for operations, salaries, and pensions. The latter will receive 33% of the allocation (or INR1.19 trillion), an increase of 2.4%.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/india-increases-defence-budget-by-10/

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 1...

India increases defence budget by 10%

by Jon Grevatt

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 10% over the allocation in 2021–22.

The allocation is equal to about 13% of the government's total expenditure for the year, said the Ministry of Defence (MoD) on 1 February.

It added that the expenditure reflects the government's emphasis on the “modernisation and infrastructure development” of the Indian Armed Forces.

The defence budget includes a revenue allocation of INR3.64 trillion (or 69%) for operations, salaries, and pensions. The latter will receive 33% of the allocation (or INR1.19 trillion), an increase of 2.4%.


Get the full article by
Already a Janes subscriber? Keep reading


https://www.janes.com/defence-news/india-increases-defence-budget-by-10/

India has announced a 2022–23 defence budget of INR5.25 trillion (USD70.2 billion), an increase of 1...

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