3.19 Lakh Crore Earmarked for Defence in Budget 2019-20

Date:

 

NEW DELHI. Approximately about Rs 3.19 lakh crore has been earmarked for Defence (excluding Defence Pension) in the Union Budget for the financial year 2019-20 presented by Interim Finance Minister Piyush Goyal in the Parliament on February 1.

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The total outlay envisaged in the Budget is Rs 27,84,200 crore.

For Defence Pension, an amount of Rs 1,12,079.57 crore has been provided in Budget Estimates (BE) 2019-20. Total Defence Allocation, including Defence Pension, accounts for 15.48 per cent of the total Central Government expenditure for the year 2019-20.

The allocation of Rs 3,18,931.22 crore represents a growth of 7.93 per cent over Budget Estimates (2,95,511.41 crore) and 6.87 per cent over Revised Estimates (Rs 2,98,418.72 crore) respectively for the financial year 2018-19.

Out of Rs 3,18,931.22 crore allocated for the financial year 2019-20, Rs 2,10,682.42 crore for Revenue (Net) expenditure and Rs 1,08,248.80 crore for Capital expenditure for the Defence Services and the Organisations/Departments under the Ministry of Defence.

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The amount of Rs 1,08,248.80 crore allocated for Capital expenditure, includes modernisation related expenditure. The Capital Allocation of the Ministry of Defence under BE 2019-20 is 32.19 per cent of the total Central Government Capital Expenditure, which is Rs 3,36,293.00 crore.

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