H. K. Pannu

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  • Harjeet Kaur Pannu is Financial Adviser (Defence Services), Ministry of Defence, Government of India.

    Address at the Inaugaral Session of the Seminar on Defence Budget

    Defence budget accounts for a significant proportion of the central government expenditure. For the current year, the revenue and capital budgets of defence account for more than 20 and 80 per cent of the entire non-plan revenue and capital budget respectively of the central government. This translates into Rs 57,593 crores as revenue budget and Rs 48,007 crores as capital budget for defence. Allocation for defence has generally been the second largest single head of expenditure in the nonplan segment of the central budget.

    April 2009