China's defence expenditure 3 times more than India
China's expenditure on military was three times more than India last year, but the share of its defence spending in GDP was less than India's, Union Minister Subhash Bhamre said on Wednesday.
While no official data relating to China's annual defence budget is available, as per the Stockholm International Peace Research Institute (SIPRI) database, China's military expenditure was $ 2,28,230 million in 2017 while that of India stood at $ 63,923 million that year, Bhamre said in the Lok Sabha.
In 2016, China spent $ 2,16,031 million and India's defence spending was $ 56,637 million in that year, he said during Question Hour.
In 2017, India has spent 2.5 per cent of its GDP in military, while China has spent 1.9 per cent of the GDP in military, the minister of state for defence said.
The government’s spending on military in India was 9.1 per cent in 2017, China's spending was 6.1 per cent, he said.
For all the Latest India News, Download News Nation Android and iOS Mobile Apps.
More from India
Do You Know....Ambedkar as a Social Scientist?
10th anniversary of Crimea: A Photo Exhibition was organized at the Russian House in New Delhi
GATORADE USES DATA TO UNLOCK URBAN PLAYGROUNDS, WITH THEIR INITIATIVE 'TURF FINDER'
News Nation Network Receives Prestigious Amity Corporate Excellence Award at INBUSH ERA Global Summit
Foreign Ministers of Finland and India Unveil a Logo Marking 75 Years of Diplomatic Ties