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Defence budget may be slashed by 40%, may save Centre Rs 80,000 crore

Addressing an audience of defence analysts in Delhi, the MoD official confirmed reports that the government had ordered the military to limit its first quarter

Topics
Defence budget | Military spending | Coronavirus

Ajai Shukla  |  New Delhi 

military, airforce
The finance ministry ordered an expenditure ceiling of 20 per cent on the military

Military spending, minus the payroll, would probably be cut by at least 20 per cent from the allocations for the financial year 2020-21 and possibly by as much as 40 per cent, said a senior Ministry of Defence (MoD) official on Tuesday.

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First Published: Wed, April 29 2020. 02:48 IST