Defence Budget 2020-21
Context: As part of the Union Budget for the financial year 2020-21, presented by Finance Minister Smt Nirmala Sitharaman Rs 3,37,553 crore has been allocated for Defence (excluding Defence Pension).
KEY HIGHLIGHTS Total Outlay: Rs 30,42,230 crore Defence Allocation (without pension): Rs 3,37,553 crore For Defence Pension: Rs 1,33,825 crore There is an overall increase of Rs 40,367.21 crore in the total Defence allocations (Rs 4,71,378 crore) including Defence Pension over the financial year 2019-20. Total defence budget accounts for 15.49% of the total central government expenditure for the year 2020-21. The allocation of Rs 4,71,378 crore represents a growth of 9.37% over Budget Estimates (Rs 4,31,010.79 crore) for the financial year 2019-20.
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