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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 ...
India has one of the world's largest military forces with a strength of over 1.44 million active personnel. The country has the world's largest volunteer military of over 5.1 million personnel. [ 2 ] The total budget sanctioned for the Indian military for the financial year 2021 is ₹ 4.78 lakh crore (equivalent to ₹ 5.6 trillion or US$66 ...
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 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.
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]
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 Indian Navy (IN), which is the naval warfare branch of the Indian Armed Forces, has approximately 135+ warships on active commission. [1]By forethought, the IN's Maritime Capability Perspective Plan (MCPP) for the period 2012-2027 had set the objective of the service becoming a 200-ship fleet by 2035; however, that number has since been reduced to 175 in December 2019 - principally owing ...
The government strongly backs the Combat Air Teaming System initiative as part of the Make in India programme, which encourages Indian defence manufacturers to focus on core research and development projects towards the next-generation requirements of India's armed forces.