3.19 Lakh Crore Earmarked for Defence in Budget 2019-20

Defence Industry

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.

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.

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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