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India Defence Budget Analysis 2022-23

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 — 2022-23

37.59 lakh crore

Rs 37.59 lakh crore

Previous Year (2021-22)

33.07 lakh crore

Year-over-Year Change

+13.7%

Defence Spending — 5-Year Trend

Yeartotal Expendituretotal Cap Expenditure
2018-19Rs 23.15 lakh croreRs 3.17 lakh crore
2019-20Rs 26.86 lakh croreRs 4.27 lakh crore
2020-21Rs 31.54 lakh croreRs 5.05 lakh crore
2021-22Rs 33.07 lakh croreRs 5.93 lakh crore
2022-23Rs 37.59 lakh croreRs 8.18 lakh crore

Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.

Budget Snapshot — 2022-23

Total Expenditure

37.59 lakh crore

Total Receipts

39.67 lakh crore

Capital Expenditure

8.18 lakh crore

Tax Revenue

19.22 lakh crore

Fiscal Deficit

6.4% of GDP

Interest Payments

9.26 lakh crore

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