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Press Information Bureau
Government of India
Ministry of Defence
29 NOV 2021 3:05PM by PIB Delhi
Budgetary Allocation for Defence

 

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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ABB/DK/Savvy