Financial constraints will not come in the way of providing any additional requirement for the security of the nation. Assuring this in Lok Sabha today, the Finance Minister Shri P. Chidambaram announced to increase the allocation for Defence to Rs. 2,03,672 crore which will include Rs. 86,741 crore for capital expenditure.

DSM/VK/Ombeer/31

(Release ID :92726)

Security funding commitment: government prioritises defence budget increase and will meet additional security resource needs. Central government affirms that fiscal limitations will not hinder meeting additional requirements for the security of the nation, and announces an increase in the defence budget allocation to Rs. 2,03,672 crore, including a capital expenditure component of Rs. 86,741 crore.