Tag: Defence budget

Pakistan government opts for austerity, but no reduction in defence budget

NEW DELHI: Pakistan on Tuesday announced that its defence budget for the next fiscal year (2019-20) will remain the the same as the last year’s Rs 1,150 billion amid an austerity drive by the government to solve the cash-strapped nation’s financial woes. Pakistan’s military, in a rare move, early this month decided to voluntarily cut […]

Defence budget hiked to Rs. 3,05,296 crore in India

NEW DELHI: About Rs. 3,05,296 crore have been provided in the Budget Estimates for 2019-20, compared to Rs. 2,82,733 crore provided in 2018-19 Budget Estimates. The figures were revised to Rs. 2,85,423 crore in the Revised Estimates of 2018-19. While presenting the Interim Budget 2019-20 in Parliament the Union Minister for Finance, Corporate Affairs, Railways […]

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