Business Today

At a Plateau

India's defence budget has increased over the past few years but its share in GDP has remained the same.
Shivani Sharma   New Delhi     Print Edition: April 21, 2019
At a Plateau

India's defence budget for 2018/19 was Rs 4,04,365 crore, which was 7.7 per cent more than the 2017/18 figure. It has remained in the range of 2.1-2.3 per cent of GDP for five years.

Graphic by Tanmoy Chakraborty

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