India is the world’s ninth biggest military spender, sandwiched between Germany-Japan on one side and South Korea-Italy on the other, in the latest list for the 15 countries with the highest defence expenditure.
While this may gladden some hawkish hearts here, it’s also quite true that India simply does not get the biggest bang for its buck despite being the only country that shares two long, unresolved borders with nuclear-armed neighbours, with whom it has fought wars in the past.
The data was released by Stockholm International Peace Research Institute on Monday. As per the noted think-tank, the world military expenditure fell to $1.75 trillion in 2013 — a dip of 1.9% in real terms from 2012 — due to cutbacks by the US and other western countries.
The fall in military expenditure by the US, by far the largest spender with $640 billion in 2013, can be traced to the end of the Iraq war, launch of the Afghanistan draw down and planned budgetary cuts.
While this may gladden some hawkish hearts here, it’s also quite true that India simply does not get the biggest bang for its buck despite being the only country that shares two long, unresolved borders with nuclear-armed neighbours, with whom it has fought wars in the past.
The data was released by Stockholm International Peace Research Institute on Monday. As per the noted think-tank, the world military expenditure fell to $1.75 trillion in 2013 — a dip of 1.9% in real terms from 2012 — due to cutbacks by the US and other western countries.
The fall in military expenditure by the US, by far the largest spender with $640 billion in 2013, can be traced to the end of the Iraq war, launch of the Afghanistan draw down and planned budgetary cuts.
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