The Defence Allocation has been enhanced by ten(10) per cent. Presenting the Interim Budget 2014-15 in Parliament here today, the Union Finance Minister Shri P. Chidambram said that an allocation of Rs. 224,000 crore has been made for defence as against Rs. 203,672 crore in the last Budget.

Defence allocation increase raises interim budgetary provision and signals higher fiscal priority for defence spending. The Interim Budget 2014-15 increases the Defence Allocation by ten per cent, raising the budgetary provision for defence and signaling an elevated fiscal priority for defence spending compared with the prior budget year.