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NEW DELHI: The defence ministry has fully utilised its capital outlay of Rs 1.86 lakh crore (revised estimate) for FY2025-26. In FY2024-25 too, the ministry had utilised its capital budget fully. The overall use of the defence budget, including MoD (civil) and pension, during FY2025-26 stood at 99.62 per cent.The original appropriation for capital expenditure in the fiscal was Rs 1.8 lakh crore, which was raised by finance ministry in view of the pace of expenditure achieved by defence ministry ...Read More >
New Delhi [India], October 1 (ANI): Defence Minister Rajnath Singh on Wednesday highlighted the contribution of the Defence Accounts Department (DAD) during Operation Sindoor, saying that it ensured efficient resource utilisation, financial management and war preparedness during the conflict. Addressing the 278th Foundation Day of the DAD in New Delhi, the Defence Minister said, "While the entire world witnessed the valour and courage of the Armed Forces in achieving a historic and decisive vic ...Read More >
Defence Minister Rajnath Singh highlighted the Defence Accounts Department's pivotal role in Operation Sindoor, emphasizing its crucial contribution to efficient financial management and war preparedness. Singh praised the DAD for its historic legacy and continued support as the financial backbone of India's armed forces at an event marking its 278th foundation day. Defence Minister Rajnath Singh on Wednesday underscored the pivotal role played by the Defence Accounts Department (DAD) in the su ...Read More >
New Delhi [India], October 1 (ANI): Raksha Mantri Rajnath Singh on Wednesday lauded the Defence Accounts Department (DAD) for ensuring financial resilience, optimising resources and sustaining operational readiness during Operation Sindoor, calling it the "silent but crucial" backbone of India's Armed Forces. "While the entire world witnessed the valour and courage of the Armed Forces in achieving a historic and decisive victory during Operation Sindoor, the silent yet crucial role of DAD ensur ...Read More >
New Delhi, Sep 12: United Nations Secretary-General António Guterres warned that record global military spending is overshadowing peace and development, as he launched a new report titled "The Security We Need: Rebalancing Military Spending for a Sustainable and Peaceful Future," early this week. "We are just learning about the Israeli attacks in Qatar -- a country that has been playing a very positive role to achieve a ceasefire and the release of all hostages," Guterres told reporters in New ...Read More >
Monday, 30 June 2025 () A recent report suggests India should consider allocating 3% of its GDP to military expenditure and establishing a permanent defence modernisation fund. This move aims to bolster domestic manufacturing and create a resilient defence framework. The proposal aligns with a previous recommendation to create a Modernisation Fund for Defence and Internal Security. ...Read More >
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