Govt raises defence budget to over Rs 3 lakh crore

Finance Minister Piyush Goyal on Friday increased defence budget to over Rs three lakh crore for the financial year 2019-20 in the budget presented in Lok Sabha. “Our defence budget will be crossing Rs 3,00,000 crore for the first time in 2019-20. For securing our borders and to maintain preparedness of the highest order, if necessary, additional funds would be provided,” Mr Goyal said during his Budget speech.

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