karakoram
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Your economy is 2 trillion by your logic 300 billion allocation for defence :-D paa jee PK ho kya5-10%,preferably 15%,of GDP。
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Your economy is 2 trillion by your logic 300 billion allocation for defence :-D paa jee PK ho kya5-10%,preferably 15%,of GDP。
Just like how North Korea spend on defense.
Just like how North Korea spend on defense.
This is a very tricky subject as I understand the demands on the national budget are extensive and I would like to make it clear that the economy and spending on infrastructure is paramount and should be the first priority of the GoI no matter what. However in the past few years an alarming trend has crept in wherein India is now spending around 1.8% of its GDP on defence, this is the lowest levels for many decades. For comparison's sake Pakistan spends around 4-5% of its GDP on defence, China around 2%, the UK and France around 2% also with the US around 3% of GDP. NATO requires all partners nations to spend a minimum of 2% of their respective GDPs on defence, I know India is in no way associated with NATO but I am using this as a benchmark.
I have just done some very quick and back of the envelope calculations, if India were to spend 2% of GDP on defence for the next 5 years its defence budgets would look like (assuming an average rate of 8% GDP growth):
2016- approximately $50 billion USD
2017- approximately $54 billion USD
2018- approximately $58 billion USD
2019- approximately $63 billion USD
2020- approximately $68 billion USD
Considering the state the Indian military has been allowed to get into thanks to a decade of neglect and even before that there was the so-called "lost decade" in the 90s, I would propose a hike to 2.5% of GDP temporarily for the next 5 years before the defence budget can be reduced back to the 2% of GDP annual figure thereafter. In such a scenario the defence budgets would look like:
2016- approximately $62 billion USD
2017- approximately $67 billion USD
2018- approximately $72 billion USD
2019- approximately $78 billion USD
2020- approximately $83 billion USD
As one can see this is quite a considerable difference we are talking about and that extra funding would be a great boost to the CAPEX budgets of all three forces and would certainly get the Indian military's modernisation drive back on track for 2020.
All (constructive) thoughts are welcome, thanks guys and girls
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20% at least. Otherwise none of us will take you seriously.
This is a defense forum, people here will generally prefer a large defense budget for their country.
And I agree with them.
Being rich without having military strength will just lead to a Century of Humiliation.
Robin Lawley Fat & Ugly.
i dont understand this what is this robin lawley, i saw the reply from some members also.......
On topic: 2.5 % spending on defence plus leaner IA will go miles towards lagging defence modernisation.
don't worry about our button dear, it's your country who are spending every penny on defense. Don't you love the look of respect on their faces when you approach immigration in another country and they realise it's a Pakistani passport, "oh look they spend 9% on defense, aren't they nice"Looks like I pushed all your buttons.
Reducing manpower and spending the savings tobuy better equipment is the right step, but also a brave one - can't see our generals agreeing to that, I am afraidMy opinion is current 1.75% of the GDP is quite good & reduced it to 1.5% of the GDP from 2025 & then 1% of the GDP from 2050.
Rest can you manage by cut the size of Army from current 1.3 million to 1 million , Add 50,000 marine in Navy, give equal share of defence budget to all three services & throttle the economy to get budget increase.
We need to choose one.Reducing manpower and spending the savings tobuy better equipment is the right step, but also a brave one - can't see our generals agreeing to that, I am afraid