Tag: IndiaDefense
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“Empowering Security: Unveiling the Budget 2024 with ₹6.2 Lakh Crore Allocated to Defense”
The interim budget for 2024, presented by Union Finance Minister Nirmala Sitharaman on February 1, witnessed a significant allocation of ₹6.2 lakh crore to the Defence sector. This allocation marks the highest sectoral allocation for the year. Additionally, Finance Minister Nirmala Sitharaman introduced a new scheme aimed at bolstering deep tech for the defence sector.…
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“India Set to Get More Fighter Jets as Defence Panel Approves Huge Deal”.
New Delhi: The Defence Acquisition Council (DAC) has approved the procurement of an additional 97 Tejas-Mark 1-A fighter aircraft, as well as 156 Prachanda attack helicopters, in a major boost to India’s military and defence production. Both aircraft have been developed domestically. The total value of the deals is estimated at approximately Rs. 1.1 Lakh…