ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

An Evaluation of India's Defence Expenditure

This essay attempts to make a realistic assessment of current levels of defence spending in India by evaluating the effi cacy and intensity of military expenditure. The media is largely ignorant or chooses to ignore the issue of defence spending. The view across the political spectrum and the strategic community is that any exercise to limit this spending amounts to compromising national security and is therefore not a viable consideration. Whilst it is true that development cannot take place in an insecure environment, defence expenditure in a developing country has a direct impact on the outlay on social spending. The "guns versus butter" argument is valid especially when the guns are not buying the security the country needs against asymmetrical threats from within and without.

D efence economics has not been a subject for serious study or debate in Indian academic or military circles. Little or no literature is available with the exception of a few books in the area of defence accounts. Economists and activists have long argued that defence-related

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Or

To gain instant access to this article (download).


Pay
INR 59

(Readers in India)


Pay
$ 6

(Readers outside India)

Support Us

Your Support will ensure EPW’s financial viability and sustainability.

The EPW produces independent and public-spirited scholarship and analyses of contemporary affairs every week. EPW is one of the few publications that keep alive the spirit of intellectual inquiry in the Indian media.

Often described as a publication with a “social conscience,” EPW has never shied away from taking strong editorial positions. Our publication is free from political pressure, or commercial interests. Our editorial independence is our pride.

We rely on your support to continue the endeavour of highlighting the challenges faced by the disadvantaged, writings from the margins, and scholarship on the most pertinent issues that concern contemporary Indian society.

Every contribution is valuable for our future.