Budget 2023-24: Here are the budgetary allocation trends for key ministries

Budgetary allocation was curtailed or reported marginal increase across key ministries and social schemes  

By DTE Staff
Published: Wednesday 01 February 2023
Budget 2023-24: Budgetary allocation trends for key ministries / schemes
Photo: Sansad TV / Youtube Photo: Sansad TV / Youtube

Union Finance Minister Nirmala Sitharaman presented the Budget 2023-2024 to Parliament February 1, 2023. Terming this as the “first budget of the Amrit Kaal”, she said, “Our focus on wide-ranging reforms and sound policies, implemented through Sabka Prayas resulting in Jan Bhagidari and targeted support to those in need, helped us perform well in trying times.”

Here is a low down on the budgetary allocation for key ministries and social sector schemes since 2021-2022:

Centrally sponsored schemes:

After a dip in allocation in the last budget, that for the fiscal year (FY) 2024 saw an increase of Rs 34,000 crore.

  • 2021-22: Rs 4,54,366 crore
  • 2022-23: Rs 4,42,781 crore
  • 2023-24: Rs 4,76,104 crore

Department of Agriculture and Farmers’ Welfare:

After a dip in allocation in the last budget, that for FY 2024 saw an increase of over Rs 5,000 crore from last budget and just over Rs 1,000 crore over FY 2022 expenditure.

  • 2021-22: Rs 1,14,467 crore
  • 2022-23: Rs 1,10,256 crore
  • 2023-24: Rs 1,15,531 crore

Department of Food and Public Distribution:

Budgetary allocation for this department has been coming down; the proposed budgetary allocation is over Rs 90,000 crore less than last one.

  • 2021-22: Rs 3,04,360 crore
  • 2022-23: Rs 2,96,303 crore
  • 2023-24: Rs 2,05,513 crore

Ministry of Earth Sciences:

After a marginal dip in budgetary allocation last fiscal, the allocation for FY 2024 is nearly 50 per cent more than the last one.

  • 2021-22: Rs 2,184 crore
  • 2022-23: Rs 2,056 crore
  • 2023-24: Rs 3,319 crore

Ministry of Environment, Forest and Climate Change:

Remaining near constant for last two fiscal years, the proposed budget increases allocation by around Rs 400 crore over last budget.

  • 2021-22: Rs 2,432 crore
  • 2022-23: Rs 2,478 crore
  • 2023-24: Rs 3,079 crore

Ministry of Animal Husbandry and Dairying:

The proposed budget allocated 33 per cent more to this ministry over last one.

  • 2021-22: Rs 2,584 crore
  • 2022-23: Rs 3,105 crore
  • 2023-24: Rs 4,327 crore

Department of Health and Family Welfare:

This department got Rs 10, 000 crore more than the last budget. However, last budgetary expenditure was less than FY 2022.

  • 2021-22: Rs 81,779 crore
  • 2022-23: Rs 76,370 crore
  • 2023-24: Rs 86,175 crore

Department of Water Resources, River Development and Ganga Rejuvenation:

Allocation increased over the last fiscal

  • 2021-22: Rs 66,251 crore
  • 2022-23: Rs 60,029 crore
  • 2023-24: Rs 77,223 crore

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