<p>The defence budget was increased to Rs 5.94 lakh crore for 2023-24 from last year's allocation of Rs 5.25 lakh crore.</p>.<p>In the Union Budget presented in Parliament by Finance Minister Nirmala Sitharaman on Wednesday, a total of Rs 1.62 lakh crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military hardware.</p>.<p>For 2022-23, the budgetary allocation for capital outlay was Rs 1.52 lakh crore but the revised estimate showed the expenditure at Rs 1.50 lakh crore.</p>.<p>According to 2023-24 budget documents, an allocation of Rs 2,70,120 crore has been made for revenue expenditure that includes expenses on payment of salaries and maintenance of establishments.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/union-budget/union-budget-2023-major-shakeup-in-income-tax-slabs-new-tax-regime-is-default-1186679.html" target="_blank">Union Budget 2023: Major shakeup in Income Tax slabs, new tax regime is default</a></strong></p>.<p>The budgetary allocation of revenue expenditure in 2022-23 was Rs 2,39,000 crore.</p>.<p>In the budget for 2023-24, the capital outlay for the Ministry of Defence (Civil) has been pegged at Rs 8,774 crore while an amount of Rs 13,837 crore has been set aside under capital outlay.</p>.<p>A separate amount of Rs 1,38,205 crore has been allocated for defence pensions.</p>.<p>The total revenue expenditure including the pension outlay has been estimated at Rs 4,22,162 crore.</p>.<p>According to the budget papers, the total size of the defence budget is Rs 5,93,537.64 crore.</p>
<p>The defence budget was increased to Rs 5.94 lakh crore for 2023-24 from last year's allocation of Rs 5.25 lakh crore.</p>.<p>In the Union Budget presented in Parliament by Finance Minister Nirmala Sitharaman on Wednesday, a total of Rs 1.62 lakh crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military hardware.</p>.<p>For 2022-23, the budgetary allocation for capital outlay was Rs 1.52 lakh crore but the revised estimate showed the expenditure at Rs 1.50 lakh crore.</p>.<p>According to 2023-24 budget documents, an allocation of Rs 2,70,120 crore has been made for revenue expenditure that includes expenses on payment of salaries and maintenance of establishments.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/union-budget/union-budget-2023-major-shakeup-in-income-tax-slabs-new-tax-regime-is-default-1186679.html" target="_blank">Union Budget 2023: Major shakeup in Income Tax slabs, new tax regime is default</a></strong></p>.<p>The budgetary allocation of revenue expenditure in 2022-23 was Rs 2,39,000 crore.</p>.<p>In the budget for 2023-24, the capital outlay for the Ministry of Defence (Civil) has been pegged at Rs 8,774 crore while an amount of Rs 13,837 crore has been set aside under capital outlay.</p>.<p>A separate amount of Rs 1,38,205 crore has been allocated for defence pensions.</p>.<p>The total revenue expenditure including the pension outlay has been estimated at Rs 4,22,162 crore.</p>.<p>According to the budget papers, the total size of the defence budget is Rs 5,93,537.64 crore.</p>