Defence allocation for 2010-11 raised to Rs.147,344 crore
February 26th, 2010 - 3:12 pm ICT by IANS
New Delhi, Feb 26 (IANS) India’s defence expenditure has been raised 3.98 percent to Rs.147,344 crore (Rs.1.47 trillion/$32 billion) in the budget for fiscal 2010-11 presented by Finance Minister Pranab Mukherjee in the Lok Sabha Friday.
The raise of Rs.5,641 crore is a far cry from the 34 percent hike to Rs.141,703 crore Mukherjee had effected for 2009-10, saying that a security “threshold had been crossed” with the 26/11 Mumbai terror attacks.
In real terms, however, the hike for fiscal 2009-10 ending March 31 worked out to a little over 23 percent as the revised expenditure for 2008-09 had been placed at Rs.114,600 crore against the allocation of Rs.91,681 crore.
- Defence budget hiked by four percent - Feb 26, 2010
- India's defence allocation for 2010-11 raised to Rs.147,344 crore (Second lead, superseding previous story) - Feb 26, 2010
- India raises defence allocation to Rs.147,344 crore (Lead) - Feb 26, 2010
- Defence budget hiked to Rs.1.54 lakh crore - Feb 28, 2011
- India's defence budget stays at Rs.141,703 crore (Second Lead) - Jul 06, 2009
- 11 percent hike in defence budget to push modernisation (Second Lead) - Feb 28, 2011
- Defence gets Rs.1,41,703 crore in interim budget (Lead) - Feb 16, 2009
- Indian Army gets lion's share of Rs.1.417 trillion defence budget - Feb 16, 2009
- Increase in defence allocation marginal: Experts - Feb 16, 2009
- Mumbai attacks trigger 34 percent hike in defence allocation (Third Lead) - Feb 16, 2009
- 2010 Budget highlights - Feb 26, 2010
- Indian Defence Ministry happy with more funds assurance from Pranab - Mar 01, 2011
- Post-Mumbai 'threshold', defence outlay hiked 34 percent (Fourth Lead) - Feb 16, 2009
- Oil India's Q3 net profit up 26.58 percent - Feb 05, 2011
- Pakistan unlikely to change India-specific defence spending - Jun 08, 2009
Tags: budget, defence expenditure, far cry, finance minister, India, Lok Sabha, New Delhi, pranab mukherjee, rs 1, terror attacks, threshold, trillion