Budget 2024, Ministry-wise allocations: Union Minister Nirmala Sitharaman will present the Union Budget 2024-24 on July 23, 2024. The Union Budget refers to the annual financial statement of the Government of India, which outlines its revenue and expenditure for the upcoming fiscal year. It is presented to the Parliament by the Finance Minister and includes estimates of government revenue and expenditure, along with policy initiatives and financial allocations across various sectors.
In this article, let’s take a quick look at the funds allocated for different ministries in the last two Budgets that were presented by Sitharaman.
Allocations of different ministries in Interim Budget 2024-25
Ministry of Defence: Rs 6.2 lakh crore
Ministry of Road Transport and Highways: Rs 2.78 lakh crore
Ministry of Railways: Rs 2.55 lakh crore
Ministry of Consumer Affairs, Food and Public Distribution: Rs 2.13 lakh crore
Ministry of Home Affairs: Rs 2.03 lakh crore
Ministry of Chemicals and Fertilisers: Rs 1.68 lakh crore
Ministry of Rural Development: Rs 1.77 lakh crore
Ministry of Agriculture and Farmers’ Welfare: Rs 1.27 lakh crore
Ministry of Communications: Rs 1.37 lakh crore
Allocation of different ministries in Union Budget FY24
Ministry of Defence: Rs 5.94 lakh crore
Ministry of Road Transport and Highways: Rs 2.70 lakh crore
Ministry of Railways: Rs 2.41 lakh crore
Ministry of Consumer Affairs, Food and Public Distribution: Rs 2.06 lakh crore
Ministry of Home Affairs: Rs 1.96 lakh crore
Ministry of Chemicals and Fertilisers: Rs 1.78 lakh crore
Ministry of Rural Development: Rs 1.60 lakh crore
Ministry of Agriculture and Farmers’ Welfare: Rs 1.25 lakh crore
Ministry of Communications: Rs 1.23 lakh crore
Ministry-wise allocations in Union Budget FY23
Ministry of Defence: Rs 5.25 lakh crore
Ministry of Road Transport and Highways: Rs 1.99 lakh crore
Ministry of Railways: Rs 1.40 lakh crore
Ministry of Consumer Affairs, Food and Public Distribution: Rs 2.17 lakh crore
Ministry of Home Affairs: Rs 1.85 lakh crore
Ministry of Chemicals and Fertilisers: Rs 1.07 lakh crore
Ministry of Rural Development: Rs 1.38 lakh crore
Ministry of Agriculture and Farmers’ Welfare: Rs 1.32 lakh crore
Ministry of Communications: Rs 1.05 lakh crore
Allocation of different ministries in Union Budget FY22
Ministry of Housing and Urban Affairs: Rs 54,581 crore
Ministry of Health and Family Welfare: Rs 73,932 crore
Ministry of Education: Rs 93,224 crore
Ministry of Railways: Rs 1.10 lakh crore
Ministry of Road Transport and Highways: Rs 1.18 lakh crore
Ministry of Agriculture and Farmers’ Welfare: Rs 1.31 lakh crore
Ministry of Rural Development: Rs 1.33 lakh crore
Ministry of Home Affairs: Rs 1.66 lakh crore
Ministry of Consumer Affairs, Food and Public Distribution: Rs 2.56 lakh crore
Ministry of Defence: Rs 4.78 lakh crore
Allocation of different ministries in Union Budget FY21
Ministry of Housing and Urban Affairs: Rs 50,040 crore
Ministry of Health and Family Welfare: Rs 67,112 crore
Ministry of Railways: Rs 72,216 crore
Ministry of Road Transport and Highways: Rs 91,823 crore
Ministry of Agriculture and Farmers’ Welfare: Rs 1.42 lakh crore
Ministry of Rural Development: Rs 1.22 lakh crore
Ministry of Home Affairs: Rs 1.67 lakh crore
Ministry of Consumer Affairs, Food and Public Distribution: Rs 1.24 lakh crore
Ministry of Defence: Rs 4.71 lakh crore
Ministry of Human Resource Development: Rs 99,312 crore