Indian Navy Developments & Discussions

Adm Kenobi

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Navy's capital outlay stands at 52,804.75cr in FY24 Budget Estimate, 10.9% over FY23 BE.

91× increase in "Land Navy" expenditure (1,550 v 17)

80% increase in "construction works-Navy" expenditure (1,900 v 1,056)

58.33% increase in "other equipment-Navy" expenditure (9,500 v 6,000)

18.1% increase in "Aircraft and Aero-engine" expenditure (7,000 v 5,926)

17.8% decrease in "naval fleet" expenditure (24,200 v 29,452)

75% increase in "naval dockyard/project" expenditure (6,725 v 3,842)
Etc...

Format (FY24 BE v FY23 BE) value in Cr INR.

The most probable & simple reason for the dip in "naval fleet" expenditure -
The amount to be paid for ongoing projects + the initial cost of new projects in FY24 is less compared to FY23.

Figures are subject to change in the Revised Budget.
 

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