87.1 billion vs 260 billion, Modi's 2047 military goals, the reality is harsh!
India's defense budget for the new fiscal year has increased to 7.85 trillion rupees, with a nominal increase of 15% and an actual increase of only 7%, approximately 87.1 billion US dollars. Nearly 70% of the budget is used for salaries, operations, and pensions, with R&D accounting for only 3.7%, and limited equipment procurement. India's defense spending is about one-third of China's, and its growth rate is also not outstanding, yet it has proposed long-term military force targets. The domestic defense industry system is incomplete, and the funding structure is imbalanced. There is a significant gap between ambition and reality, and development faces multiple constraints.
India's defense spending appears to be rising sharply, but in fact, the structure is unbalanced and the momentum is insufficient. High personnel costs squeeze modernization investments, and funds for R&D and equipment upgrades are limited. The local industrial chain has obvious shortcomings. China maintains a reasonable growth rate of defense spending, relying on a complete manufacturing system, with higher input-output efficiency. Historical experience shows that military modernization relies on sustained investment, industrial support, and systematic construction, rather than short-term showmanship. Currently, regional situations are trending towards easing, excessive expansion of military capabilities can easily burden the economy. Practical development, focusing on people's livelihoods, and industrial upgrading are the sustainable paths to national strength. Blindly following the example will only lead to a dilemma of mismatch between investment and results!
Original article: toutiao.com/article/1856272509962243/
Statement: This article represents the views of the author.