NewsBytes
    Hindi Tamil Telugu
    More
    In the news
    Narendra Modi
    Amit Shah
    Box Office Collection
    Bharatiya Janata Party (BJP)
    OTT releases
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout

    India
    Business
    World
    Politics
    Sports
    Technology
    Entertainment
    Auto
    Lifestyle
    Inspirational
    Career
    Bengaluru
    Delhi
    Mumbai

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
    Home / News / India News / #Budget2019: More than Rs. 3 lakh crore allotted for defense
    Next Article
    #Budget2019: More than Rs. 3 lakh crore allotted for defense

    #Budget2019: More than Rs. 3 lakh crore allotted for defense

    By Shiladitya Ray
    Feb 01, 2019
    01:11 pm

    What's the story

    Speaking about national security during his interim Budget 2019 speech, Finance Minister Piyush Goyal announced that the defense budget for FY20 had been extended beyond Rs. 3 lakh crore - the highest in any year thus far.

    The FY19 defense allocation had been Rs. 2.95 lakh crore.

    He also announced the implementation of the 'One Rank, One Pension' (OROP) measure for soldiers.

    Here's more.

    Do you know?

    Details about Budget 2018's defense allocation

    The Rs. 295,511cr allocated for defense during Budget 2018 was estimated to be 12.10% of the total budget allocation of Rs. 2,442,213cr. Of the Rs. 2.95 lakh crore, Rs. 99,947cr had been set aside for purchase of weapons systems, aircraft, ships etc.

    Details

    'One rank, one pension' has been implemented after 40 years

    Speaking on the 'One Rank, One Pension' (OROP) measure, Goyal said that the NDA government had implemented the measure after 40 years of false promises by earlier governments.

    He said that Rs. 35,000cr had already been disbursed for soldiers under the same, adding that a substantial increase in military service pay had also been announced, especially for soldiers serving in high risk areas.

    Quote

    Goyal hits out at earlier Congress governments

    "While the Congress governments only put the OROP promise in the budget thrice, we have implemented it," said Goyal.

    Facebook
    Whatsapp
    Twitter
    Linkedin
    Related News
    Latest
    Indian Army
    Piyush Goyal
    OROP
    National Defence Academy

    Latest

    Tottenham Hotspur beat Manchester United, win Europa League title: Stats Tottenham Hotspur FC
    'Good Sex': All about Netflix romcom featuring Natalie Portman-Mark Ruffalo  Mark Ruffalo
    Mitchell Santner floors Delhi Capitals with 3/11: Key stats Mitchell Santner
    IPL 2025, MI beat DC: How the Impact Players fared Indian Premier League (IPL)

    Indian Army

    PM inaugurates Parakram Parv on second anniversary of surgical strikes Narendra Modi
    J&K: Pakistan chopper violates Indian airspace, Army shoots at it Pakistan News
    Indian airspace-violation: PoK 'PM' claims chopper was within Pakistani limits Pakistan News
    Mastermind of fake Indian Army, Railways, ONGC recruitment racket arrested Uttarakhand

    Piyush Goyal

    Let single-mothers file PAN-applications without naming child's father: Maneka Gandhi India
    Will not work as bonded-laborers for senior-officials: Trackman to Goyal Uttar Pradesh
    Railways to have 100% bio-toilets by 2019, says Piyush Goyal India
    Alwar-lynching: After RaGa's attack, BJP calls him "Merchant of Hate" India

    OROP

    Government downgrades ranks of defence officers 7th Pay Commission
    What made news last week? Cyrus Mistry
    Gorakhpur, demonetization, terrorism and more: Highlights of Modi's I-Day speech India
    Rafale jets to improve IAF's strike capability: President Kovind Budget Session

    National Defence Academy

    Ayushman Bharat scheme to be launched by Modi on Sunday Narendra Modi
    BJP will identify illegal-immigrants if it wins 2019 polls: Shah India
    #PNBScam: Choksi gets time to reply to ED plea India
    Indian Air Force Vice Chief shoots himself in thigh accidentally Indian Air Force
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2025