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India’s Raising Defence Pension Bill

Defence Budget in 2020-21 = Rs 3.375 lakh crore (a marginal rise) Pension 2019 Budget = Rs 1.12 lakh crore Pension 2020 Budget = Rs 1.33 lakh crore (19% increase) Both together – Defence Budget = Rs 4.71 lakh crore. The Statistics for Defence pensions Budget for 2020-21 has allocated Rs 1,33,825 crore to defence […]