India, April 1 -- The Government of India has issued a release:
The Ministry of Defence, with the joint efforts of MoD(Finance), Acquisition Wing, Defence Services and Defence Accounts Department, has fully utilized its capital outlay of Rs 1.86 Lakh crore for Defence Services provided for the FY 2025-26 at Revised Estimates stage. This milestone achieved by MoD is in continuation to the complete utilization of the capital budget achieved during FY 2024-25 after many years. The overall utilization of Defence Budget including MoD(civil), Pension, etc. during the FY 2025-26 stands at 99.62% against final allocation to MoD.
The original appropriation for capital expenditure was Rs 1.80 Lakh crore, which was further augmented by the Ministry ...