An allocation of Rs 3.18 trillion was made in the Union Budget to the defence sector for 2019-20 as against last year's Rs 2.98 trillion.
Out of the total allocation, Rs 1,08,248 crore has been set aside for capital outlay to purchase new weapons, platforms and military hardware.
The revenue expenditure which includes expenses on payment of salaries and maintenance of establishments has been pegged at Rs 2,10,682 crore as against Rs 1,88,118 crore for 2018-19.
The outlay for defence sector almost remained unchanged compared to what was allocated in the interim budget on February 1.
The allocation of Rs 3,18,931 represents a growth of 7.93 per cent over budget estimates of Rs 2.95 trillion and 6.87 per cent over revised estimates Rs 2.98 trillion respectively for 2018-19, according to Defence Minister Rajnath Singh's office.
The total outlay does not include Rs 1,12,079 crore set aside separately for payment of pensions.
If allocation for pension is included, then the total outlay for defence stands at Rs 4.31 trillion which accounts for 15.47 per cent of the total central government expenditure for the year 2019-20.
"The capital allocation of Ministry of Defence under BE (budget estimate) 2019-20 is 31.97 per cent of the total Central government capital expenditure, which is Rs 3,38,569.00 crore," Singh's office tweeted.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)