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The military budget or defence budget of India is the portion of the overall budget of Union budget of India that is allocated for the funding of the Indian Armed Forces. The military budget finances employee salaries and training costs, maintenance of equipment and facilities, support of new or ongoing operations, and development and ...
Indian Armed Forces during Bharat Shakti military exercise. The headquarters of the Indian Armed Forces is in New Delhi, the capital city of India. The President of India serves as the formal Supreme Commander of the Indian Armed Forces, [65] while actual control lies with the executive headed by the Prime Minister of India.
The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years.
The military budget of India is about 1.49% for the year 2018–19 of the total GDP. [18] However, it spends nearly an equal amount in importing defence equipment from other countries. Its defence expenditure for the 2017–18 fiscal year, based on allotments by its Ministry of Finance was ₹86,488 crores for defence capital and ₹2,96,000 ...
India is currently re-organising its mechanised forces to achieve strategic mobility and high-volume firepower for rapid thrusts into enemy territory. India proposes to progressively deploy as many as 248 Arjun main battle tanks (MBT) and to develop and deploy the Arjun MK-1A [204] variant, as well as 1,657 Russian-made T-90S MBTs. The army is ...
The Ministry of Defence (MoD) or Raksha Mantralay is charged with coordinating and supervising all agencies and functions of the government relating directly to national security and the Indian Armed Forces. The President of India is the ceremonial commander-in-chief of the armed forces of the country. The Ministry of Defence provides policy ...
The three branches of the Indian Armed Forces are envisioned to be major customers for helicopter. According to HAL, the MLH is to be in the same class as the Russian Mil Mi 17 and is to serve as its planned replacement in all three forces. [95]
Military budgets often reflect how strongly a country perceives the likelihood of threats against it, or the amount of aggression it wishes to conjure. It also gives an idea of how much financing should be provided for the upcoming fiscal year. The size of a budget also reflects the country's ability to fund military activities. [1]