Capex limit for defence raised to Rs 13434.8 cr

Last Updated: Tuesday, March 27, 2012 - 15:58

New Delhi: Government has raised the capital
expenditure limit for the defence forces by Rs 13,434.82 crore
in the next financial year, increasing allocation for
aircraft, naval ships and special projects.

Tabling a report on the Defence Services Estimates for
2012-13 in Parliament today, government gave an overview of
the planned expenditure under the `Revenue` and `Capital`
heads.

"Out of the net defence budget of Rs 1,93,407.29 crore
for 2012-13, the estimates for Revenue Expenditure is Rs
1,13,828.66 crore which shows an increase of Rs 9,035.66 crore
when compared with the revised estimates for 2011-12," the
report said.

On capital expenditure, the report said, "The net budget
estimates of Capital Expenditure for 2012-13 is Rs 79,578.63
crore which shows an increase of Rs 13,434.82 crore over the
revised estimates of last financial year."

Describing the heads under which money for Capital
Expenditure has been allocated, the report added, "This
increase is mainly on account of provision for Aircraft and
Aeroengines, Other Equipment, Naval Fleet, Naval Dockyard,
Rashtriya Rifles, Construction Works and Special Projects."

The money allocated to the three services would be spent
under various `major` and `minor` heads which are covered
under the requests made by them.

A big chunk of the budget sanctioned for the Indian Army
would be used to bear the pay and allowances of the soldiers
and officers followed by expenditure incurred on
transportation, military farms, health schemes and other
works.

For Indian Navy, the report said, "The provision made
under major heads cover the Revenue Expenditure of the Navy
and includes expenditure on pay and allowances of the
personnel and civilians employed with the ships, shore
establishment, transportation cost, procurement of stores,
ammunition etc."

The report mentioned that Navy operates various types of
ships including aircraft carriers, destroyers, frigates,
corvettes, amphibious platforms, coastal defence, support
ships and submarines.

For Indian Air Force (IAF), the report said that the
expenses will include maintenance and operation of the force
and other miscellaneous charges.

"The major heads provides for the maintenance and
operation of the Air Force i.e. expenditure on pay and
allowances of personnel, transportation and miscellaneous
charges such as procurement of stores and etc," it said.
The expenses would also include maintenance of air force
buildings, airfields and other installations.

For Indian Navy, the report said, "The provision made
under major heads cover the Revenue Expenditure of the Navy
and includes expenditure on pay and allowances of the
personnel and civilians employed with the ships, shore
establishment, transportation cost, procurement of stores,
ammunition etc."

The report mentioned that Navy operates various types of
ships including aircraft carriers, destroyers, frigates,
corvettes, amphibious platforms, coastal defence, support
ships and submarines.

For Indian Air Force (IAF), the report said that the
expenses will include maintenance and operation of the force
and other miscellaneous charges.

"The major heads provides for the maintenance and
operation of the Air Force i.e. expenditure on pay and
allowances of personnel, transportation and miscellaneous
charges such as procurement of stores and etc," it said.

The expenses would also include maintenance of air force
buildings, airfields and other installations.

PTI



First Published: Tuesday, March 27, 2012 - 15:58

comments powered by Disqus