Budgetary Allocation for Defence
India - Press Information Bureau
Ministry of Defence
Posted On: 29 NOV 2021 3:05PM by PIB Delhi
Gross Defence Budget (BE) as percentage of GDP for the last two years and current year are as under:
(Rs in Crore)
| Year | Defence Budget (BE)
[Gross] |
GDP* | Defence Budget as percentage of GDP |
| 2019-20 | 4,72,069.78 | 2,11,00,607.00 | 2.24 |
| 2020-21 | 5,14,796.69 | 2,24,89,420.00 | 2.29 |
| 2021-22 | 5,20,794.99 | 2,22,87,379.00 | 2.34 |
*Figures are as per Budget at a Glance of the Union Budget.
It may be seen from above that Defence Budget is consistently increasing in absolute terms as well as a percentage of GDP.
This information was given by Raksha Rajya Mantri Shri Ajay Bhatt in a written reply to Shri Tiruchi Siva in Rajya Sabha today.
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ABB/DK/Savvy
(Release ID: 1776101)
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