India Defence Budget Analysis 2002-03
Defence spending is one of the largest line items in India's budget, covering military salaries, equipment procurement, and modernisation. The balance between revenue (operational) and capital (acquisition) expenditure reveals defence preparedness strategy.
Defence Spending — 2002-03
4.13 lakh crore
Rs 4.13 lakh crore
Previous Year (2001-02)
3.62 lakh crore
Year-over-Year Change
+14.1%
Defence Spending — 5-Year Trend
| Year | total Expenditure | total Cap Expenditure |
|---|---|---|
| 2000-01 | Rs 3.26 lakh crore | Rs 47,753 crore |
| 2001-02 | Rs 3.62 lakh crore | Rs 60,842 crore |
| 2002-03 | Rs 4.13 lakh crore | Rs 74,535 crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2002-03
Total Expenditure
4.13 lakh crore
Total Receipts
4.1 lakh crore
Capital Expenditure
74,535 crore
Tax Revenue
1.59 lakh crore
Fiscal Deficit
5.9% of GDP
Interest Payments
1.17 lakh crore