Military budget of India

[1] The Indian Army accounts for more than half of the total defence budget of India, with most of the expenditure going to the maintenance of cantonments, salaries and pensions, rather than critical arms and ammunition.

Unofficial expenditure includes expenses for four of the six Central Armed Police Forces responsible for border security.

[3] Share of military services in defence budget in 2020–2021:[4] The Minister of Finance allocated ₹359,000 crore (equivalent to ₹5.0 trillion or US$58 billion in 2023) of the 2017 Union budget of India for the development of the armed forces, marking a raise of around 7% from the previous fiscal year.

However the actual expenditure exceeded the estimated amount and final defence spending for 2019–2020 stood at ₹448,820 crore (equivalent to ₹5.6 trillion or US$64 billion in 2023),[9] marking an increase of around 10% over the previous budget.

This year’s defence budget accounts for 1.89% of the country’s projected gross domestic product (GDP) for 2024-25.