Total Defence spending of Rs.1,70,913.28crores during 2011-12 constitutes 1.92% of the GDP [(Advance Estimates) as per Economic Survey 2011-12]. Defence Budget of Rs.1,93,407.29crores as approved under BE 2012-13 would be 1.90% of GDP projected by Ministry of Finance. On the basis of unauthenticated data available, it is assessed that the DefenceBudget as a percentage of GDP in Pakistan and China, is as under:-
There is no basis for Government to certify the accuracy, or otherwise, of official defence budgets of foreign countries. Comparison of the data on defence spending vis-a-vis that of other countries is difficult due to lack of uniformity in treatment of different components of the expenditure and non-availability of accurate and latest published data. Nevertheless, the Government continues to monitor all developments in the immediate and extendedneighbourhood which have an impact on national security.
The details of allocation for Defence Budget under Budget Estimates (BE) 2012-13 are as given in the following table:
(Rs. in crores)
This budgetary provision has been allocated taking into account the requirement to meet the roles and responsibilities of the defence forces and national security imperatives. Additional requirement of funds as necessary will be projected depending on pace of utilization of allocation, progress of ongoing and new modernization schemes and other priority requirements.
All aspects of the geostrategic environment in the immediate and extended neighbourhood, which have a bearing on the country`s security, are taken into account in defence budget and expenditure related decision.
This information was given by Minister of Defence Shri AK Antony in a written reply to Shri Om PrakashYadavandothers in Lok Sabha today.