Brahmand NewsPrevious Article
Brahmand NewsNext Article

Defence expenditure was 14.08 pc of central government expenses in 2022-23: Govt

NEW DELHI (PTI): In 2022-23, the defence expenditure was 14.08 per cent of the central government expenses, Parliament was informed on Monday.

The expenditure-related data for 2022-23 referred to the budget estimate figures, according to data shared in a written response by Minister of State for Defence Ajay Bhatt in Rajya Sabha.

The defence expenditure was 5,55,484 crore while the central government expenditure was 39,44,909 crore for the year 2022-23, according to the data shared by the government in the response.

The defence expenditure was 5,23,330 crore while the central government expenditure was 35,09,836 crore for 2020-21, the percentage being 14.91 per cent.

In 2015-16, the defence expenditure was 3,27,096 crore while the central government expenditure was 17,90,783 crore, the percentage being 18.27 per cent, as per the data.

"It is seen from above data that Defence Expenditure as a percentage of Central Government Expenditure may appear to be decreasing due to increasing trend in the growth of Central Government Expenditure. However, Defence Expenditure is increasing in absolute terms, implying higher spending," the minister said in his response.

Tags:

Other Related News

India, Russia ink deal on Pantsir variants to bolster air defence

A major Indian defence public sector undertaking has signed an agreement with Russia's Rosoboronexport for cooperation on variants of the Pantsir air defence missile-gun system - a versatile platform designed to protect critical military and industrial facilities from aerial threats and reinforce air defence units.

BRAHMOS Missile Systems

Headlines

Brahmand World Defence Update 2024

Brahmand World Defence Update

Image Gallery