India Defence Budget Analysis 2024-25
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 — 2024-25
46.33 lakh crore
Rs 46.33 lakh crore
Previous Year (2023-24)
43.15 lakh crore
Year-over-Year Change
+7.4%
Defence Spending — 5-Year Trend
| Year | total Expenditure | total Cap Expenditure |
|---|---|---|
| 2020-21 | Rs 31.54 lakh crore | Rs 5.05 lakh crore |
| 2021-22 | Rs 33.07 lakh crore | Rs 5.93 lakh crore |
| 2022-23 | Rs 37.59 lakh crore | Rs 8.18 lakh crore |
| 2023-24 | Rs 43.15 lakh crore | Rs 9.49 lakh crore |
| 2024-25 | Rs 46.33 lakh crore | Rs 10.68 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2024-25
Total Expenditure
46.33 lakh crore
Total Receipts
46.33 lakh crore
Capital Expenditure
10.68 lakh crore
Tax Revenue
25.05 lakh crore
Fiscal Deficit
4.8% of GDP
Interest Payments
10.84 lakh crore