How much public expenditure was in the year 2004 2005 in India?

How much public expenditure was in the year 2004 2005 in India?

In the budget estimates for 2004-2005, the total expenditure is estimated at Rs. 457,434 crore, of which Rs. 135,071 crore is for Plan and Rs. 322,363 crore for non-Plan.

What changes has been introduced in the budget for 2004 05?

There will be a food security system for the poor. On scheduled castes welfare programme, an allocation of Rs 1,180 crore has been proposed, marking an increase of Rs 1,137 crore. For welfare programmes of Scheduled Tribes, allocation of Rs 1,146 crore has been proposed. It marks an increase of Rs 1,087 crore.

What is the finance minister expecting in Budget 2004 05?

135,071 crore provided in the Interim Budget, I propose to provide a sum of Rs. 10,000 crore. This, and some other additional allocations, will raise total plan expenditure to Rs. 145,590 crore in the Budget Estimates for 2004-05.

What was the defence budget of India in 2001?

The Indian defence budget stood at US $11.8 billion in 2001. On February 17, 2014 Indian Finance Minister P. Chidambaram announced a 10% increase in India’s defense budget, taking it to $36.3 billion.

How does import of Defence Equipment affect India?

In a significant development, import of Defence Equipment not manufactured in India has been exempted from Basic Customs Duty. This will have an impact of augmenting the Defence Budget by approximately Rs 25,000 crore on account of savings in expenditure on Customs Duty over the next five years.

What was the military budget of India in 2017?

Union Minister for Finance Arun Jaitley allocated ₹359,000 crore (equivalent to ₹3.8 trillion or US$54 billion in 2018) of the 2017 Union budget of India for development in the Indian armed forces, marking a raise of around 7 per cent from the previous fiscal year.

Which is the last full fledged budget of India?

Presenting the last full-fledged budget before the general elections of 2019, on 02 February 2018 Finance Minister Arun Jaitley allocated Rs 4,04,365 crore (US $62.8 billion) for the Ministry of Defence (MoD).