In the current geopolitical scenario and with the twin objective of promoting self reliance and exports, the Defence Budget has touched
Rs 6,21,540.85 crore in the Financial Year 2024-25. This comes out to be
13.04% of total Union Budget, which was presented by Finance Minister Smt Nirmala Sitharaman in Parliament on February 01, 2024.
The Ministry of Defence (MoD) continues to receive the highest allocation among the Ministries. The budgetary allocation to Defence for FY 24-25 is higher by approx. one lakh crore (18.35%) over the allocation for the FY 2022-23 and 4.72% more than allocation of FY 23-24. Of this, a major share of
27.67% goes to capital, 14.82% for revenue expenditure on sustenance and operational preparedness, 30.68% for Pay and allowances, 22.72% for defence pensions and 4.11% for civil organisations under MoD.
source :
https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2001375
So, 42.49% goes into defense acquisition, preparedness and R&D from total defense budget.