Union Budget 2021: Rs 4.78 Lakh Crore Allocated for Defence, 19% Increase in Capital Outlay FOLLOW US ON: At a time Indian and Chinese troops are locked in a standoff in eastern Ladakh, the government on Monday increased the capital outlay for the armed forces by nearly 19 per cent while allocating a total of Rs 4.78 lakh crore for defence budget for 2021-22 as against Rs 4.71 lakh crore last year. Rs 1.35 lakh crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military hardware, according to the Union Budget presented in the Lok Sabha by Finance Minister Nirmala Sitharaman.