Union Budget

KEY TRENDS

 
If one goes by the expenditure of major items, then according to the Union Interim 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.)

• Expenditure on Fertilizer Subsidy was increased from Rs. 70,075 crore in 2018-19 (R.E.) to Rs. 74,986 crore in 2019-20 (B.E.). Budgetary allocation on Fertilizer Subsidy was Rs. 70,080 crore in 2018-19 (B.E.)

• 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. 1,49,981 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. 1,38,962 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 5.0 percent in 2019-20 (B.E.)

• Expenditure on Health was increased from Rs. 55,949 crore in 2018-19 (R.E.) to Rs. 63,538 crore in 2019-20 (B.E.). Budgetary allocation on Health was Rs. 54,667 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 marginallly 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. 93,848 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. 49,337 crore in 2019-20 (B.E.)
 
Please click here to access Union Interim Budget Speech 2019-20, which was delivered by Shri Piyush Goyal, on 1st February, 2019
 

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