Highlights 1 Defence forces get marginal hike of 6 per cent. The defence forces got a marginal hike of around six percent in their allocation as they got Rs 2.74 lakh crore for the next fiscal in the budget today. Experts feel that the allocation for defence forces should be hiked by at least 10 per cent to cater for the inflation in the weapons sector. The pressure of increasing pension bill on the defence budget can also be seen in the recent years as the capital acquisition layout has remained almost steady. Also Read - Union Budget 2017-18: Income Tax rate halved to 5 per cent for Rs 2.5-5 lakh slab

Source: India Today February 01, 2017 14:26 UTC