Ghanti Bajao: Modi Government allocates lowest Defence budget since 1962 China War

Finance Minister Arun Jaitley on Thursday presented the Union Budget on the floor of the Parliament. The budget for the Ministry of Defence (MoD) was estimated at Rs 2.95 lakh crore, which does not include the budget for Defence Pensions.
The total defence outlay of Rs 2.94 lakh crore is a hike of 7.81% compared to the allocation made to the MoD last year. While this was an increase from last year and was 12.1% of the Central government’s total expenditure, the defence budget’s share of the GDP is at the lowest it has ever been since the 1962 war between India and China.

Subscribe our YouTube channel here: https://www.youtube.com/user/abpnewstv 

Like us on Facebook: https://www.facebook.com/abplive/ 

Follow us on Twitter: https://twitter.com/abpnewstv

And do not miss any updates on our website: http://www.abplive.in/videos