ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Indian Defence Expenditure in Global Perspective

K Subrahmanyam There is a general trend in many parts of the world for defence outlay as a percentage of GNP to decline with the rapid growth of GNP and with the increasing spirit of detente that has developed in various traditional areas of tension. World military expenditure had been around 7 per cent of world GNP throughout the 1960s but fell to 6.3 per cent in 1970 and to about 6 per cent in 1971. This is still well above the Indian defence burden. In spite of this overall decline, in the areas immediately around India such as Pakistan, Iran and China

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