Ministry of Defence
Budgetary Allocation for 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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