Union Budget

KEY TRENDS

 
If one goes by the expenditure of major items, then according to the Final Union Budget 2019-20 (please click here to access):

• Expenditure on Pension was increased from Rs. 1,66,618 crore in 2018-19 (R.E.) to Rs. 1,74,300 crore in 2019-20 (B.E.)

• Budgetary allocation for fertilizer subsidy was Rs. 70,080 crore in 2018-19 (Budget Estimates) according to the Interim Union Budget documents presented on 1st February 2019. However, the same is Rs. 70,090 crore (B.E.) if we rely on the Final Union Budget 2019-20 documents dated 5th July, 2019. The 2018-19 budget documents also show that the budgetary allocation for fertilizer subsidy was Rs. 70,080 crore (B.E.) in 2018-19.

• Budgetary allocation for fertilizer subsidy was Rs. 79,996 crore in 2019-20 (Budget Estimates)
 
• Expenditure on Food Subsidy was raised from Rs. 1,71,298 crore in 2018-19 (R.E.) to Rs. 1,84,220 crore in 2019-20 (B.E.). Budgetary allocation on Food Subsidy was Rs. 1,69,323 crore in 2018-19 (B.E.)

• Budgetary allocation on Food Subsidy as a proportion of total budgetary expenditure was 6.9 percent in 2018-19 (B.E.), which reduced slightly to 6.6 percent in 2019-20 (B.E.)

• Expenditure on Agriculture and Allied Activities was increased from Rs. 86,602 crore in 2018-19 (R.E.) to Rs. 1,51,518 crore in 2019-20 (B.E.). Budgetary allocation on Agriculture and Allied Activities was Rs. 63,836 crore in 2018-19 (B.E.)

• Budgetary allocation on Agriculture and Allied Activities as a proportion of total budgetary expenditure was 2.6 percent in 2018-19 (B.E.), which increased to 5.4 percent in 2019-20 (B.E.)

• Expenditure on Rural Development was increased from Rs. 1,35,109 crore in 2018-19 (R.E.) to Rs. 1,40,762 crore in 2019-20 (B.E.). Budgetary allocation on Rural Development was Rs. 1,38,097 crore in 2018-19 (B.E.)

• Budgetary allocation on Rural Development as a proportion of total budgetary expenditure was 5.7 percent in 2018-19 (B.E.), which reduced to 5.1 percent in 2019-20 (B.E.)

• Expenditure on Health was increased from Rs. 55,949 crore in 2018-19 (R.E.) to Rs. 64,999 crore in 2019-20 (B.E.). Budget documents of the Final Union Budget 2019-20 shows that the budgetary allocation on Health was Rs. 54,668 crore in 2018-19 (B.E.)

• Budgetary allocation on Health as a proportion of total budgetary expenditure was 2.2 percent in 2018-19 (B.E.), which grew marginally to 2.3 percent in 2019-20 (B.E.)

• Expenditure on Education was increased from Rs. 83,626 crore in 2018-19 (R.E.) to Rs. 94,854 crore in 2019-20 (B.E.). Budgetary allocation on Education was Rs. 85,010 crore in 2018-19 (B.E.)

• Budgetary allocation on Education as a proportion of total budgetary expenditure was 3.5 percent in 2018-19 (B.E.), which reduced marginally to 3.4 percent in 2019-20 (B.E.)
 
• Expenditure on Social Welfare was increased from Rs. 46,492 crore in 2018-19 (R.E.) to Rs. 50,850 crore in 2019-20 (B.E.)
 

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