What percentage of the total Union Budget does the Defence Budget constitute for the Financial Year 2024-25?
A11.5%
B12.3%
C13.04%
D10.8%
Answer:
C. 13.04%
Read Explanation:
The Defence Budget constitutes 13.04% of the total Union Budget for the Financial Year 2024-25.
Defence Budget 2025: India’s defence budget for 2025-26 has been set at Rs 6.8 lakh crore (79 billion dollar), reflecting a 9.5% increase over the previous fiscal’s budget estimates.
Capital outlay for military modernisation saw a marginal 4.6% rise, with key domestic and international procurement deals in the pipeline