Budget 2023 | Defence sector gets lion’s share
As Union Minister Nirmala Sitharaman presented the Union Budget 2023-24, the allocation of money to major Ministries presents a clear picture of the Modi govt.’s focus on revamping the economy.
Defence Ministry was allocated ₹5,93,537 crore, up from last year’s ₹5.25 lakh crore. while Road Transport and Highways received ₹2,70,434 crore.
The Education Ministry received ₹1,12,899 crore, marginally higher than the 2022 Budget where ₹1.04-lakh crore was allocated for the education sector.
The Finance Ministry received ₹16,89,719 crore, the Home Ministry was given ₹1,96,034 crore, and the Ministry of Health and Family Welfare was allocated ₹89,155 crore.
Rural Development Ministry was given ₹1,59,964 crore.
The Consumer Affairs, Food and Public Distribution was allocated ₹2,05,764 crore, while the Home Affairs Ministry received ₹1,96,034 crore. Chemical & Fertilizers Ministry was given ₹1,78,481 crore and the Ministry of Rural Development was allocated ₹1,59,964 crore.
Agriculture & Farmer’s Welfare was given ₹1,25,035 crore while the Communications Ministry was allocated ₹1,23,393 crore.
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