Defence Ministry Attains Financial Milestone with Full Capital Utilization
The Defence Ministry has fully utilized its Rs 1.86 lakh crore capital outlay for FY 2025-26. Contracts worth Rs 2.28 lakh crore were signed for 503 proposals, focusing on aircraft, land systems, and missiles. The effective budget utilization also supports border infrastructure development.
- Country:
- India
The Defence Ministry proudly announced on Wednesday that it has fully utilized the capital budget of Rs 1.86 lakh crore allocated for the fiscal year 2025-26.
Contracts have been finalized for a remarkable 503 proposals, amounting to Rs 2.28 lakh crore, covering acquisitions such as multi-role fighter aircraft and missile systems.
This effective use of funds will not only modernize the armed forces but also aid in infrastructure development in border regions.
(With inputs from agencies.)
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