Defence Allocation at Rs 141703 crore

In the Interim Budget 2009-10, the allocation for Defence has been increased to Rs.1,41,703 crore.

The total revised expenditure for 2008-09 was Rs.1,14,600 crore. The Plan expenditure will be to the tune of Rs.86,879 crore against Rs.73,600 crore and will include Rs. 54,824 crore for capital expenditure as against Rs.41,000 crore in the RE for 2008-09.

The raise has been made to strengthen the security in view of the recent terror attacks.

Source : Equity Bulls

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