SIPRI report on military expenditure

  • Published
    29th Apr, 2021

GS-III: Security

  • Role of External State and Non-state Actors in creating challenges to Internal Security.

GS-III: Economy

  • Indian Economy
Context

India is the third highest military spender in 2020, states data published by Stockholm International Peace Research Institute(SIPRI).

Prelims question:

Consider the following statements:

  1. India’s expenditure on military is third largest in the world.
  2. Ministry of Defence has maximum share in Union Budget compared to all other ministries.
  3. Defence Acquisition Council is chaired by National Security Advisor.

Which of the above statements are correct?

  • A.
  • B.
  • C.
  • D.

Mains Question:

“National security at the cost of health and economic security of a nation is vicious trap depriving sovereignty.” Critically analyze in the light of rising defence expenditure during COVID-19. 

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