Page 37 - Union Budget, 2022

Union Budget, 2022

Budget Estimates of Expenditure for 2022-23 showed an increase of Rs. 1,74,909 Crores over the Revised Estimates for 2021-22.
The major items of expenditure where variations have occurred are indicated below:
(Rs. in Crores)

Variations
Item of Expenditure (under the Main Revised Estimates Budget Estimates
S. No. Savings (-)/
Heading) 2021-22 2022-23
Excess (+)
1 Interest Payment and Servicing of Debt 8,13,791 9,40,651 + 1,26,860
2 Grants and Loans to State Governments 5,55,260 6,73,328 + 1,18,068
3 Roads and Bridges (including capital) 1,17,720 1,84,211 + 66,491
4 Other Communication Services 16,840 63,318 + 46,478
5 Investment in Railways 1,17,100 1,37,100 + 20,000
6 Defence 3,68,418 3,85,371 + 16,953
7 Pensions 1,98,962 2,07,132 + 8,170
8 Police 1,07,488 1,14,866 + 7,378
9 Education 47,525 53,382 + 5,857
10 Village and Small Industries 15,278 20,398 + 5,120
11 Civil Aviation 72,609 10,587 - 62,022

12 Medical and Public Health 74,820 41,011 - 33,809
13 Housing 21,677 10,259 - 11,418
14 Other Expenditure 12,42,512 11,03,295 - 1,39,217

Total Expenditure 37,70,000 39,44,909 + 1,74,909

Notes:

• Increase in interest payments is due to higher requirements for payment of interest on market loans, 182 days Treasury Bills,
discount on 364 days Treasury Bills, ways and means advance, Central Government securities issued by National Small
Savings Fund and State Provident Funds.
• Expenditure on grants and loans to State Governments has increased predominantly due to higher transfers under certain
Union Government schemes, GST Compensation Fund, Finance Commission Grants for local bodies, special assistance to
States and special loans for capital expenditure.
• Surge in expenditure on Roads and Bridges is because of higher investment in National Highways Authority of India.
• Other communication services expenditure enhanced on account of capital expenditure of BharatNet and capital infusion
in BSNL for 4G spectrum, technology upgradation and restructuring.
• Increase in amount invested on Railways is owing to higher requirements for Railway Capital works.
• Expenditure on Defence has increased due to higher pay and allowances of service personnel and procurement of equipment
by Army and Air Force.
• Pension expenditure increased on account of higher requirement for payment of pension to the retirees from Civil
Ministries, Defence services and employees absorbed in BSNL/MTNL.
• Enhanced expenditure in Police Department is due to higher requirement for Central Armed Police Forces and Police
infrastructure.
• Increase in Education expenditure is because of higher requirements for Kendriya Vidyalaya Sangathan, Navodaya Vidyalaya
Samiti, World Class Institutions, Grants to Central Universities, National Institute of Technology and IIEST.
• Village and Small Industries expenditure surged due to higher allocations towards Guarantee Emergency Credit Line facility
to eligible MSME borrowers.
1. Decrease in Civil Aviation expenditure is on account of lower investment in Air India Asset Holding Limited.
2. Decline in Medical and Public Health expenditure is due to lower requirement for vaccination.
3. Housing expenditure decreased because of lower requirement under Pradhan Mantri Awas Yojana – Urban.

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