how much indian government is spending on defense every year?

Answer 1

A Huge Chunk Of Our Tax Payers Money Goes Into The Defense Funding...

So Pay Your Taxes Regularly.... Pay Now Play Save.....

Answer 2

It is not a matter to ponder. The defence expenditure is the only genuine expense that has the profitable result. All other expenses of the Government are becoming in vein due to the terrorism and the huge multiplication of population every day.

Answer 3

Indian Defense Budget 2000-2001

Government of India announced budget for the year 2000-2001 on February 29, 2000. The following note is intended to put the increase in Defense Budget in correct perspective.

Defense Budget: 2000 2001

Projected Defense Expenditure
Rs.58, 5870 million ($13.4 billion)

Percentage of GDP
2.68%


Defense Budget: 1999-2000

Allocated Expenditure
Rs.45, 6940 million ($10.5 billion)

Revised Estimates
Rs.48, 5040 million


The Defense Budget for 2000-2001 has an increase of 21% (Rs.10, 0830 million) over the revised estimates for the last year. This percentage further needs to be adjusted against inflation as well as the depreciation of the Indian Rupees against the US Dollars to arrive at real percentage increase.

India's military expenditure as percentage of GDP for last 10 years has been consistent within a range declining from 3.6% in 1987-88, as shown below:

1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000

2.8
2.6
2.4
2.5
2.4
2.3
2.3
2.4
2.2
2.28*
2.68


*revised 2.65%

75% of India's defense budget is to be spent on pay & allowances, training, welfare and exercise.

Research and Development accounts for 5.3 % of overall allocation. The expected expenditure on pensions itself is greater than the total naval budget.

Deployment of troops along the Line of Control (LOC) in Kargil sector to maintain peace has resulted in an increase of Rs.100 million a day compared to last year. Expected expenditure on high altitude clothing and surveillance equipment in remote areas to curb cross border incursions.

Necessary expenditure expected on modernization and acquisition needs.

Welfare measures for the families of defense personnel killed in the Kargil operations and also a compensation package for soldiers who have suffered battle injuries.

Housing facilities for families and next to kin of soldiers killed in the operation, long term fixed deposits, education for children, and assisting in other problems faced by widows and parents of deceased soldiers.

Answer 4

Agreed. Your perspectives at the instant state of the country are modern-day and only. lower back the greenback stops on the table of the dumb politicians who will on no account understand the must be knowledgeable, qualified, clever, publicly conscious to introduce such deemed ameliorations interior the form by utilising amending the representation of Peoples Act additionally managing skills of the applicants.

Answer 5

35 % of the total Budget

Answer 6

S it is spending at least 50% of money of our Taxes in defense every year.......OK bye.

Answer 7

India has:

1,325,000 active troops
defence budget of $19,040,000,000
3,978 tanks
386 fighter jets
17 frigates
8 destroyers
19 submarines
1 aircraft carrier

hope that's enough info.

Answer 8

more than 10 million every year.

Answer 9

we spend around 3% of G.D.P. which wil b around 85 million dollars.

Answer 10

IT IS 35% OF THE TOTAL BUDGET.