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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 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 ...
The first list is based on the Stockholm International Peace Research Institute (SIPRI) fact sheet, which includes a list of the world's top 40 military spenders as of 2023, based on current market exchange rates.
Some princely states maintained their own armies which formed the Imperial Service Troops which, along with the Indian Army formed the land component of the Armed Forces of the Crown of India, responsible for the defence of the Indian Empire. [4] [5] The Imperial Service Troops were merged into the Indian Army after independence.
The number of military personnel in the reserve forces that are not normally kept under arms, whose role is to be available to mobilize when necessary. The number of personnel in paramilitary forces: armed units that are not considered part of a nation's formal military forces. The total number of active, reserve, and paramilitary personnel.
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]
Name Weapon Type Caliber Origin Notes Handguns Pistol Auto 9mm 1A: Semi-automatic pistol: 9×19mm India Canada Status: In service. Standard side-arm of the Indian Army, manufactured under license from John Inglis and Company by Ordnance Factory Board, used by special forces in small numbers.