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NEW DELHI: Finance minister
Nirmala Sitharaman
on Tuesday announced the Union Budget 2024-25 with maximum allocation of resources in
defence sector
. However, it witnessed a 23.51% decrease in allocation in this sector as compared to the Budget 2023.
Education sector
, on the other hand, witnessed nearly 0.31% increase in
budgetary allocation
this year as compared to 2024.
Research and development got over 5% increase in the budgetary allocation as compared to last year.
Let’s have a look at budgetary allocation in different sectors in 2023 Vs 2024:
| Category | 2023 | 2024 | Change | Percentage change |
| Defence | Rs 5,93,537.64 crore | Rs 4,54,000 crore | Decreased by Rs 1,39,537.64 crore | -23.51% |
| Education | Rs 1,12,898.97 crore | Rs 1,48,000 crore | Increased by Rs 35,101.03 crore | +31.14% |
| Infrastructure | Rs 10,00,000 crore | Rs 11,11,111 crore | Increased by Rs 1,11,111 crore | +11.11% |
| Research and Development | Rs 16,361.42 crore | Rs 1,00,000 crore | Increased by Rs 83,638.58 crore | +511.98% |
| Healthcare | Rs 86,175 crore | Rs 90,171 crore | Increased by Rs 3,996 crore | +4.64% |
