T he defence budget for the year 2011-2012 is Rs.1,64,415.49 crore which is 13.07% of the total expenditure budget of Rs.12,57,729 crore of the Union Government for the year 2011-2012. It is difficult to compare the defence expenditure of various countries because of non-availability of detailed data and also because what is included in the defence budget varies from country to country.
(Rs. In Crore)
Year | BE | RE | Actual | %Utilized (of RE) |
2007-2008 | 96000.00 | 92500.00 | 91680.28 | 99.11 |
2008-2009 | 105600.00 | 114600.00 | 114223.28 | 99.67 |
2009-2010 | 141703.00 | 136264.00 | 141781.08 | 104.05 |
The position of utilisation of funds vis-a-vis allocation during the last three years is as under:
The marginal under utilization in 2007-2008 & 2008 primarily on account of certain purchase proposals/schemes undi revenue and capital heads not materializing as expected and outgo committed liabilities not progressing as anticipated due to slippage contractual obligations on the part of the suppliers/vendors.
Details of expenditure on modernization of defence production during the last three year are as under:-
(Rs. in crores)
|
This information was given by Defence Minister Shri AK Antony in a reply to Shri Ganesh Singh and Dr. Ratna De (Nag) in Lok Sabha today.
(Release ID :70604)
Press Information Bureau