Do you understand what FOREX reserves mean? You do realise it has nothing to do with your defence budget right? It's like saying I have £10,000 in savings for my entire household, in theory I can go on a £9,900 holiday, does not mean I can actually afford to do so.
Please tell me you are on posting on a public forum and trying to debate without knowing what Forex reserves mean, please tell me you are not emabressing yourself and other Indians by showing such ignorance...
indian defense budget this fiscal.yearv
60 billion dollars or 2 percent of our GDP
split
into
20 billion operational costs including ladakh like build up
20 billion salaries wages pensions etc
5 billion research and developments and other admin costs
15 billion capex or in simple terms costs of weapons purchases across three services,
not sure about split between 3 service but it can't be far off 5 billion each for army navy air forces
my point about forex or gdp which sometimes,annoys natives,is to highlight India,is nation of substance we are not relying on tiny gdp or Tiny forex or imf or hand outs from.friendly states .
large powerful.and able to buy top.end weapons as our needs change
Rafale hornets nuke subs or helicopter programmes drones,etc are all feasible and reachable
it's,not pie in the sky numbers
forex for the record is used to subsidise trade imbalances.
trust me 580.billion is a lot of money
I believe yours is 14 billion in comparison
Bangladesh 30 billion
indian forex may be 6th or 7th largest on the planet .
do you understand why usa or France or Russia or Israel swarm.over India offering joint weapon development.t or setting up manufacturing hubs with partial
shared technology.
you know why its dollars they smell money a mile off
