Business Standard

Defence allocation remains same, IAF gets highest capital boost in Budget

Budget allocations for 2021-22 are skewed, with the IAF allocated Rs 53,215 crore, the Navy Rs 35,904 crore, and the Army getting Rs 36,532 crore

Navy, aircraft carrier, military, aircraft, fighter jets
Premium

Expenditure in the current year’s capital budget is biased heavily in favour of the Indian Air Force (IAF), which has spent Rs 55,084 crore, compared to the Navy’s Rs 40,043 crore and Army’s Rs 33,283 crore

Ajai Shukla New Delhi
In a situation of heavy pressure on the economy, while also confronting an intrusion by Chinese troops on the border in Ladakh, the government has kept the defence budget at approximately the same level as the current year, allocating Rs 4.78 trillion for 2021-22.

The revised estimates for 2020-21 indicate that the military has spent Rs 4.84 trillion this year, a significantly higher amount than what was allocated in February 2020.

The reason for this is learnt to be the emergency procurement of arms and ammunition that was triggered by the Chinese intrusions into Ladakh last April. Against Rs 1.18 trillion

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 01 2021 | 11:23 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com