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 on Tuesday, 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.