Left defenceless: Budget allocation for defence lowest since Indo-China war
Sunday, February 2, 2020, 11:43 AM
The Defence Ministry's welfare component, defence pensions, now loom large over the money it spends on the armed forces. While Finance Minister Nirmala Sitharaman did not mention the defence-budget in her speech, Budget papers show the total defence budget grew by 6%. The defence pension bill, on the other hand, grew by 13%. The defence-budget (minus pensions) is currently around 1.8% of the GDP.