Budget 2022 | 'Defence Capex for Domestic Industry Upped to 68%': Nirmala Sitharaman

Presenting the Union Budget 2022 on Tuesday, 1 February, Finance Minister Nirmala Sitharaman announced, 68 percent of defence capex to be kept for the domestic industry. "Aatmanirbharta – our government is committed to local procurement for defence," she said.