The Defence Budget of the neighbouring countries as per the available information, is as under- (in billion US $)
2008 | 2009 | 2010 | |
China | 61.53 | 70.79 | 78.36 |
Pakistan | 3.43 | 4.39 | 6.40 |
Sri Lanka | 1.45 | 1.53 | NA |
Bangladesh | 1.14 | 1.27 | 1.48 |
Nepal | 0.20 | 0.21 | 0.25 |
The total allocation under the Defence Services Estimates for India is as under:-
Rs in crores | In billion US $* | |
2008-2009 | 1,05,600.00 | 23.79 |
2009-2010 | 1,41,703.00 | 31.93 |
2010-2011 | 1,47,344.00 | 33.20 |
2011-2012 | 1,64,415.49 | 37.05 |
*Assuming the current rate of dollar to rupee conversion of Rs.44.36 to a dollar.
The budgetary projections for the Defence Services are made on the basis of an assessment of their requirement for force building/modernisation, development of critical combat capabilities within the emerging geostrategic environment and overall national policy. Keeping these factors in view, the allocation for the Defence Services has risen steadily from of Rs.1,05,600 crores in 2008-09 to Rs.1,64,415.49 crore in the current year.
This information was given by Defence Minister Shri A.K. Antony in a written reply to Shri Datta Meghe and Shri Arjun Meghwal in Lok Sabha today.