Budget 2025: Defence budget allocation hiked to Rs 6.81 lakh crore

Finance Minister Nirmala Sitharaman allocated Rs 6.81 lakh crore for defence in FY25, emphasizing ‘Make in India’ and ‘Aatmanirbharta’. India achieved record defence production value and exports in 2024, but only 27.66% of the budget was allocated to capital expenditure, underscoring the need for increased R&D investment to maintain competitiveness.

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