In Rs 45.03 Lakh Crore Budget, Here Is How Much Each Sector Received

Finance Minister Nirmala Sitharaman in her fifth Budget presentation allocated a whooping Rs 45.03 lakh crore for the financial year 2023

During her Budget speech, Nirmala Sithraman cited a blueprint for India@100. ( Image Source :PTI )

Narendra Modi-led NDA government on Wednesday laid out its full and final Union Budget on Wednesday ahead of the general election scheduled for 2024. Finance Minister Nirmala Sitharaman in her fifth Budget presentation allocated a whopping Rs 45.03 lakh crore for the financial year 2023. In the financial year 2022-23, the government allocated Rs 39.45 lakh crore for the annual Union Budget. 

During her Budget speech, Sithraman cited a blueprint for India@100. According to the Budget at a glance document, "The total expenditure in (Budget Estimate) BE 2023-24 is estimated at Rs 45,03,097 crore, of which the total capital expenditure is Rs 10,00,961 crore.” 

It said that the Budget reflects continuing strong commitment of the government to boost economic growth by investing in infrastructure development leading to an increase in capital expenditure by 37.4 per cent over (Revised Estimate) RE 2022-23. Effective Capital Expenditure, at Rs 13,70,949 crore in BE 2023-24, shows an increase of 30.1 per cent over RE 2022-23.

How much each sector received

1. Defence -  Rs 4,32,720 crore
2. Subsidy  - Fertiliser Rs 1,75,100 crore, Food - Rs 1,97,350 crore
3. Agriculture and Allied Activities (Excluding PM-KISAN) - Rs 84,214 crore
4. PM-KISAN - Rs 60,000 crore
5. Pension     -   Rs 2,34,359 crore
6. Education -  Rs 1,12,899 crore
7. Commerce and Industry  -  Rs 48,169 crore
8. Development of North East  -   Rs 5,892 crore
9. Energy - Rs 94,915 crore
10. External Affairs - Rs 18,050 crore
11. Finance -  Rs 13,574 crore
12. Health -  Rs 88,956 crore
13. Home Affairs - Rs 1,34,917 crore
14. Interest -  Rs 1,07,9971 crore
15. IT and Telecom - Rs 93,478 crore
16. Others -  Rs 1,20,524 crore
17. Planning and Statistics - Rs 6,268 crore
18. Rural Development  - Rs 2,38,204 crore
19. Scientific Departments - Rs 32,225 crore
20. Social Welfare -  Rs 55,080 crore
21. Tax Administration -  Rs 1,94,749 crore (of which transfer to GST Compensation Fund is Rs 1,45,000 crore)
22. Transfer to States -  Rs 3,24,641 crore
23. Transport - Rs 5,17,034 crore
24. Union Territories - Rs 61,118 crore
25. Urban Development - Rs 76,432 crore
    

    Allocation For Specific Ministry

• Ministry of Defence - Rs 5.94 lakh crore
• Ministry of Road Transport and Highways - Rs 2.70 lakh crore 
• Ministry of Railways - Rs 2.41 lakh crore
• Ministry of Consumer Affairs, Food & Public Distribution - Rs 2.06 lakh crore
• Ministry of Home Affairs - Rs 1.96 lakh crore
• Ministry of Chemicals and Fertilisers - Rs 1.78 lakh crore
• Ministry of Rural Development - Rs 1.60 lakh crore
• Ministry of Agriculture and Farmer's Welfare - Rs 1.25 lakh crore
• Ministry of Communications - Rs 1.23 lakh crore