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In presenting the defence budget of 2018–2019, the Finance Minister allocated ₹ 404,365 crore (equivalent to ₹ 5.4 trillion or US$63 billion in 2023) for the Ministry of Defence (MOD). [7] This translates into an increase of 5.66% over the 2017–2018 defence budget.
[35] [36] [20] Defence Secretary is assisted by additional secretaries and joint secretaries to Government of India posted in the ministry. The Defence Secretary, generally, is an officer from the Indian Administrative Service, apart from the Defence Secretary, there are three other secretary-level posts in the Ministry of Defence.
The military budget of India is about 1.49% for the year 2018–19 of the ... The Ministry of Defence's Year End Review 2023 states that exports for FY 2022–2023 ...
Merged to form Ministry of Food and Consumer Affairs with three departments - Department of Food & Civil Supplies, Department of Sugar and Edible Oils and Department of Consumer Affairs. On 15 October 1999, the new ministry was renamed as the Ministry of Consumer Affairs & Public Distribution, having the same three departments.
The 2023 Union Budget of India was presented by the Minister of Finance of India on February 1, 2023. This was the fourth budget of Narendra Modi-led NDA government's second term, starting from 2020. The Economic Survey for 2022–2023 was released on January 31, 2023 before the budget.
In July 2020, in the wake of escalating tension with China in light of hostile Chinese posturing, particularly on the border between the Union Territory of Ladakh and Tibet, further purchases of Excalibur shells were announced by the Indian Ministry of Defence. [67] Discussions began in 2023 between India and the United States to develop an ...
November 30, 2023 at 12:47 AM. ... The defence budget will be increased from $20.75 billion to $25 billion, Sri Mulyani said. "The needs were put forward by the defence ministry. They considered ...
The Defence Ministry has allocated ~ US$13 billion for the purchase of these aircraft, making it India's single largest defence deal. [183] On 31 January 2012, it was announced that Dassault Rafale won the competition due to its lower life-cycle cost. However the tender was cancelled in July 2015. [184]