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 Ajay Bhatt in a written reply to Tiruchi Siva in Rajya Sabha today.