![75% of defence outlay to be spent for procurement from domestic firms: Rajnath Singh](https://images.assettype.com/fortuneindia%2F2021-10%2F7d606e33-3633-4a9b-bb0e-3445471702d7%2FRajnath_Singh.jpg?w=300&q=95)
75% of defence outlay to be spent for procurement from domestic firms: Rajnath Singh
In the union budget for FY2023-24, the government allocated ₹5.94 lakh crore for the Ministry of Defence, which is 13.18% of the country’s total outlay of ₹45.03 lakh crore.