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Union Budget 2022 by numbers: Rs 5.25 lakh cr for defence, Rs 7.50 lakh cr capital expenditure

The key takeaways from the fourth Budget of the second Narendra Modi government tabled by Finance Minister Nirmala Sitharaman in Parliament

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FP Staff|Feb 01, 2022, 16:34:07 IST

Finance Minister Nirmala Sitharaman presented the Union Budget for the financial year 2022-2023 in front of a packed Parliament.Fighting the COVID-19 pandemic for a second year, Finance Minister Nirmala Sitharaman's budget sought to focus on economic recovery on the back of government spending.Please read: Union Budget 2022: From 5G rollout by 2023 to issuance of e-passports, highlights from Nirmala Sitharaman’s speechHere are the key numbers and figures from her Budget speech.9.27 percentAccording to Finance Minister Nirmala Sitharaman, this will be India's growth in the current year — highest among all large economies6.4 percentThe budgeted fiscal deficit, which is the difference between the government expenditure and income, for the next fiscal ending March 2023 is estimated at 6.4 percent, Finance Minister Nirmala Sitharaman announced on Tuesday while presenting the BudgetRs 65,000 croreAmount set by the government as a target from divestment in the financial year 2022-23. She also said that estimates for the current year have been cut to Rs 78,000 crore from Rs 1.75 lakh crore.Rs 7.50 lakh croreThe finance minister stated that the outlay for capital expenditure in the Union Budget is once again being stepped up sharply by 35.4 per cent from Rs 5.54 lakh crore in the current year to Rs 7.50 lakh crore in 2022-23Rs 1.51 lakh croreThe amount allocated by the Centre for all agricultural and allied activities sector in FY 23, up 2.5 percent from the revised estimates the previous yearRs 5.25 lakh croreThe defence budget was increased to Rs 5.25 lakh crore for 2022-23 from last year's allocation of Rs 4.78 lakh crore with a major push on ensuring self-reliance in the manufacturing of military platformsRs 60,000 cr Amount of money set aside to provide tap water connections to 3.8 crore households in 2022-23Rs 11.6 lakh croreThe money the government will borrow from the market in 2022-23 to meet its expenditure requirement. This is nearly Rs 2 lakh crore higher than the current year's Budget estimate of Rs 9.7 lakh crore.Rs 48,000 croreMoney allocated for completion of 80 lakh houses under the Pradhan Mantri Awas Yojana (PMAY), both rural and urban, during the next fiscal yearRs 34 croreThe money allocated to the anti-corruption ombudsman Lokpal to meet its establishment and construction-related expendituresRs 5,020 crore The amount allocated to the minority affairs ministry, which is Rs 674.05 crore more than the revised figures of the previous fiscalRs 140367.13 croreMoney kept aside for the railway ministry — Rs 20,311 crore more than the revised figures of the previous fiscalRs 3,980 croreUnion Finance Minister Nirmala Sitharaman on Tuesday announced a Rs 3,980.77 crore outlay for the Ministry of Information and Broadcasting in 2022-23 fiscal, a decrease of Rs 90 crore from last yearWith inputs from agenciesRead all the Latest News, Trending NewsCricket News, Bollywood News,India News and Entertainment News here. Follow us on Facebook, Twitter and Instagram.

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First Published:Feb 01, 2022, 16:29:46 IST
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