Union Finance Minister Nirmala Sitharaman presents the Union Budget 2023-24 at the Lok Sabha in New Delhi on February 1, 2023. | Photo credit: PTI
As Union Minister Nirmala Sitharaman presented the Union Budget 2023-2024, the allocation of funds to key ministries presents a clear picture of the Modi government’s emphasis on revamping the economy .
The Ministry of Defense was allocated ₹5,93,537 crore, up from ₹5.25 crore last year. while road transport and highways received ₹2,70,434 crore.
The Ministry of Education received ₹1,12,899 crore, slightly higher than the 2022 budget where ₹1.04 lakh crore was allocated to the education sector.
The Ministry of Finance received ₹16,89,719 crore, the Ministry of Home Affairs received ₹1,96,034 crore, and the Ministry of Health and Family Welfare received ₹89,155 crore.
The Ministry of Rural Development received ₹1,59,964 crore.
Consumption, food and public distribution received ₹2,05,764 crore, while the Home Office received ₹1,96,034 crore. The Ministry of Chemicals and Fertilizers received ₹1,78,481 crore and the Ministry of Rural Development received ₹1,59,964 crore.
Agriculture and Farmers’ Welfare received ₹125,035 crore while the Ministry of Communications received ₹123,393 crore.