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India’s defence budget compared to other countries  

union budget Updated: Feb 29, 2016 13:04 IST
HT Correspondent
HT Correspondent
Hindustan Times, New Delhi
defence budget

India’s military spending stood at 7th worldwide in 2014.(Shutterstock)

India needs to modernise its armed forces as also bring up to date its internal security apparatus to protect its frontiers and homeland.

The following dual-axis chart shows India’s total military expenditure in Rs and total military expenditure as a % of GDP over the years.

While in absolute terms India’s defence expenditure has jumped manifold, as a proportion of GDP, it has actually fallen over the last 25 years.

The following chart shows countries with the highest military spending in 2014.

For more such charts click here.

Charts by Harry Stevens, Research by HT Business Desk