COVID Speed Breaker for Defence Budget 2021-22

The Annual budget was presented in the Parliament on February 01. This year everyone was waiting eagerly to hear the Finance Minister, since this budget was in the backdrop of the COVID pandemic and resultant slowdown of the economy.  The Defence sector too was looking at major increase in the allocation in view of standoff against China in Eastern Ladakh. The Finance Minister did not make any mention of the amount of the Defence allocation though this was part of the budget documents released online.