India’s Defense Budget: Brief Note

Since 2019, every year, the Finance Minister of India (Finmin) presents finance budget in the house of representatives (Lok Sabha). Of which, the allocation for defense expenditure remains a prime concern in the face of the intermittent military standoff with China along parts of Line of Actual Control (LAC) and continuing skirmish with Pakistan along with Line of Control (LOC).

In the following list an attempt is made to provide a template for the analysis of defence budget. Percentage of allocation will vary, if not significantly, in the coming years.

Source: Budget Analysis

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