In­dia’s mil­i­tary spend “fifth largest”

Vayu Aerospace and Defence - - Aviation & Defence In India -

Ac­cord­ing to the lat­est re­port from the Stock­holm In­ter­na­tional Peace Re­search In­sti­tute (SIPRI), In­dia’s mil­i­tary ex­pen­di­ture grew by 8.5 per cent in 2016 to $55.9 bil­lion, mak­ing it the fifth largest spender in the world. The fig­ures in­clude ex­pen­di­ture on paramil­i­tary forces of the Bor­der Se­cu­rity Force, the Cen­tral Re­serve Po­lice Force, the As­sam Ri­fles, the Indo-Ti­betan Bor­der Po­lice and the Sashas­tra Seema Bal but do not in­clude spend­ing on mil­i­tary nu­clear ac­tiv­i­ties.

The top four in the list of mil­i­tary spenders in 2016 were the United States ($611 bil­lion), China ($215 bil­lion), Rus­sia ($69.2 bil­lion) and Saudi Ara­bia ($63.7 bil­lion). In the top five, In­dia had the high­est per­cent­age growth rate while spend­ing by Saudi Ara­bia fell 30 per cent in 2016, de­spite its con­tin­ued in­volve­ment in regional wars. Pak­istan spent $9.93 bil­lion on its mil­i­tary.

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