Business Standard

Modi 2.0 expenditure: Govt spend on education, health remains low

Interest payments, subsidies account for big chunk of outlays

Budget spent on various sectors in 2023
Premium

Illustration: Ajay Mohanty

Indivjal Dhasmana New Delhi

Listen to This Article

The Narendra Modi government 2.0 allocated only a small portion of its expenditure to education and health. Spending on categories such as interest payments and major subsidies accounted for one-third of the total expenditure pie, while an additional 12 per cent was allocated to secure borders and maintain law and order.

Spending on health declined to below 2 per cent of the total expenditure during the past two financial years — 2022-23, or FY23 (Revised Estimates, or RE) and 2023-24, or FY24 (Budget Estimates, or BE) — compared to around 2.4 per cent in the first year of its second

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in