Pakistan India Defense Budget: India’s defense budget is 7 times more than that of poor Pakistan

Pakistan India Defense Budget: India’s defense budget is 7 times more than that of poor Pakistan

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Islamabad: Facing the joint threat of China and Pakistan, India’s defense budget has been announced. For the year 2023-24, India has announced Rs 5.93 lakh crore for the defense sector. This is 12.95 percent more than last year. At the same time, India has increased the total amount for the purchase of arms by Rs 10,000 crore to Rs 1.62 lakh crore. If seen in dollars, India’s defense budget has reached 52.8 billion dollars. At the same time, Pakistan, which has become a pauper, has had to reduce the expenditure on its army.

The defense budget of Pakistan, which has enmity with India, was $ 7.5 billion last year, which is expected to decrease further this year. In this way, India is now spending 7 times more than Pakistan on the army. India’s defense expenditure is about two per cent of GDP. On the other hand, Pakistan has been spending about 3 percent of its total GDP on the army. Pakistan considers India as its biggest enemy but the fact is that it is now facing a much bigger threat at home. The terrorists of Tehreek-e-Taliban Pakistan are equipped with American weapons and are continuously carrying out fierce attacks.

Pakistan Inflation Crisis: The highest inflation rate in Pakistan after 1975, the prices of petrol, eggs and chicken reached the sky
Drastic reduction in expenditure of Pakistan Army, ISI

On the other hand, if compared to China showing eyes from Ladakh to the Indian Ocean, then India is miles behind. According to a Bloomberg report, China’s defense budget is $293 billion. India is among the top 5 defense spenders in the world. Although a large part of India’s defense budget goes on pension and salary. It was expected that the government would further increase the expenditure on defense but it did not happen. Even after this, this year India will be able to buy weapons worth 1.62 lakh crores.

Pakistan’s economic crisis is now affecting its army too. There has been a huge reduction in the expenditure of the Pakistan Army and the infamous intelligence agency ISI. The IMF is currently pressing for a further reduction in military spending. Due to this, it is believed that it will have a bad effect on the preparations of the Pakistan Army. Pakistan is now facing difficulty in buying weapons due to lack of dollars. Not only this, she wants that money should be taken from America in the name of TTP so that the expenses of the army can be met.

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